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Bitcoin ‘tests patience’ below $110,000 as options open interest climbs: analysts

Bitcoin ‘tests patience’ below $110,000 as options open interest climbs: analysts

Bitcoin's recent narrow price action is “testing patience below the short-term cost basis,” as options open interest remained near the highs and put demand rose, Timothy Misir, head of research at BRN, said in a market note Thursday.According to The Block’s price page, BTC changed hands at around $1…

Crypto Bulls Beware: Friday Could Be Crucial — Here’s Why

Crypto Bulls Beware: Friday Could Be Crucial — Here’s Why

A rare confluence of macro catalysts will put risk assets—and by extension crypto—on edge this Friday. The US Bureau of Labor Statistics (BLS) has confirmed it will publish the delayed September Consumer Price Index at 8:30 a.m. ET on Friday, October 24, even as most federal data remain frozen by th…

3 US Economic Indicators With Crypto Implications This Week

3 US Economic Indicators With Crypto Implications This Week

Following the Bureau of Labor Statistics’ (BLS) report on the US CPI (Consumer Price Index) last week, crypto traders and investors are still monitoring the country’s economic calendar.This week, three US economic indicators will influence Bitcoin and crypto market sentiment. Notably, Trump’s trade…

US Adds 256,000 Jobs In December – Implications For Bitcoin?

US Adds 256,000 Jobs In December – Implications For Bitcoin?

Bitcoin (BTC) remains the center of investors’ attention and concern especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments in the US economy indicate that macroeconomic factors may b…