Crypto Daybook Americas

Crypto Daybook Americas

Crypto Daybook Americas

Bitcoin anchors near $70,000 as RAVE's 3,400% surge signals speculative froth

Bitcoin and major cryptocurrencies remain relatively resilient. Surges in some smaller tokens showed there's still froth left in the market.

The motorcade of  U.S. Vice President JD Vance in Islamabad.

Crypto Daybook Americas

Institutions' bitcoin positioning lacks conviction; CPI, Iran talks might help

Institutions are betting on the bitcoin price hitting $80,000 through call options, but they are also buying downside protection.

Close of up a gas station dispenser (Krzysztof Hepner/Unsplash)

Markets

Bitcoin’s $80,000 bull bet just took over the market

Whales and options traders are betting on a massive BTC reversal toward $80,000 as a fragile Iran ceasefire fuels hopes for a supply squeeze and a breakout.

(Sternschnuppenreiter/Pixabay)