BTC and major altcoins saw early signs of stabilization after macro-driven losses.
Bitcoin stages rebound to nearly $90,000 as traders await Trump’s Davos talks
BTC and major altcoins saw early signs of stabilization after macro-driven losses.
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Tariffs contribute to stagflation, and this benefits scarce assets such as gold and bitcoin, the report said.
The company earlier raised $450 million in a private placement round from investors to pursue an ETH reserve strategy.
A bullish breakout during the 17:00 trading hour on August 18 pushed prices from $2.97 to $3.10, supported by heavy volume of 131 million—double the 24-hour average of 66.8 million.
The expiration involves over 50% of Deribit's total open interest, with a bullish bias indicated by a put-call ratio of 0.38.