As bitcoin looks north, indicators paint a mixed picture of the major source of bullish pressures for the cryptocurrency.
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Author: Omkar Godbole
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"Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said" . (December 14, 2022 )"The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said" . (May 31, 2023 )"Bitcoin continues to move in lockstep with the Nasdaq to S&P 500 ratio. The positive correlation suggests the cryptocurrency is still a risky asset" . (April 7, 2023 )"As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said" . (May 17, 2023 )"The cost of insuring against a potential U.S. government default in the next 12 months soared to record highs last week" . (April 26, 2023 )"While bitcoin has gained nearly 43% this month, ether has appreciated by 36%" . (January 30, 2023 )"Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields" . (February 15, 2023 )
Posted on January 18, 2023 January 18, 2023 bitcoin , coinbase , markets