Crypto Traders Remain Cautious About Downside Risks in Bitcoin, Ether; SOL Stands Out
Submitted by Anonymous (not verified) on Tue, 09/10/2024 - 14:10Options tied to bitcoin and ether show a bias for put options, according to QCP Capital.
Options tied to bitcoin and ether show a bias for put options, according to QCP Capital.
Crypto adoption has remained steady in the U.S. and the U.K. in the past two years, the report said.
The rise in crypto volatility has been accompanied by increased market participation in the bitcoin market, Kaiko said.
BTC ETF inflows are back in the green, despite BTC's price slipping.
The world's largest crypto is bouncing after tumbling below $53,000 at one point last Friday.
Bitcoin lost over 8% of its value during the week, falling below $54,000 on Sept. 6 having traded around $59,000 on Sept. 2.
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 9, 2024.
The Fed is expected to begin its much-anticipating rate-cutting cycle from next week.
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