Bitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran and Morgan Stanley’s landmark ETF debut restore market confidence.
Ceasefire lifts bitcoin, but animal spirits may not return just yet
Bitcoin clears a key technical hurdle and eyes $76,000 as a temporary ceasefire with Iran and Morgan Stanley’s landmark ETF debut restore market confidence.
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Bitcoin holds a tight range as altcoins rally on low liquidity, but derivatives data and options skew suggest traders are bracing for downside.
The bank sees ether benefiting from sector-specific tailwinds even as broader crypto momentum remains uneven.
The recent Maxwell hard fork which reduced block times and the introduction of tokenized equities by Kraken and Backed Finance have contributed to growth.
FlowDesk flags sustained sell pressure from old wallets, QCP notes a sudden hawkish Fed repricing, and Deribit data shows downside positioning now dominating.