This month, analysts have repeatedly pointed to multiday inflows into the U.S.-listed crypto exchange-traded funds as evidence of the return of institutional demand. Zoom out, though, and the institutional story still looks bleak. Bitcoin spot ETFs have pulled in just $205 million in net inflows… Read More
Bitcoin held near $76,800 as altcoins weakened, WLFI slid and traders watched whether the largest cryptocurrency can hold Tom Lee’s line in the sand.
Tether USDT$1.0002, the world’s largest stablecoin by market value, continues to shrink and looks set for a second straight monthly contraction, signaling challenging conditions for a sustainable broader market recovery. Tether’s market capitalization has dropped by 0.8% to $183.61 billion this month, extending January’s 1%… Read More
A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.
