Bitcoin futures data highlight investors’ bullish view, but there’s a catch By Cointelegraph
[ad_1]
© Reuters.
(BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount.
For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest rates by the U.S. Federal Reserve.
The U.S. budget issue sparks Bitcoin’s institutional hope
Not everything is rosy for Bitcoin, and exchange risks loom
Continue Reading on Cointelegraph
[ad_2]
Source link
© Reuters.
(BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount.
For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest rates by the U.S. Federal Reserve.
The U.S. budget issue sparks Bitcoin’s institutional hope
Not everything is rosy for Bitcoin, and exchange risks loom
Continue Reading on Cointelegraph