Bitcoin price dip below $90K driven by investors bracing for upcoming economic risks
Bitcoin’s short-term demand could be muted by global economic risks and fiscal challenges.
Auto Added by WPeMatico
Bitcoin’s short-term demand could be muted by global economic risks and fiscal challenges.
Arthur Hayes has published a “Trump Truth” blog post, forecasting a massive crash in crypto markets following Donald Trump’s inauguration in January.
Researchers found a vulnerability in NEAR’s peer-to-peer networking protocol that could have crashed any node, but it was patched before an attacker could discover it.
The Bitcoin futures premium plunged to its lowest levels in 10 months, but traders have refused to turn bearish.
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify.
ETH’s onchain and derivatives data are looking stronger even as macroeconomic data remains concerning.
Bitcoin derivatives show traders’ morale is low, weakening the odds of a 20% rise from the $49,320 BTC bottom.
