Stock Groups

Data shows Bitcoin traders’ neutral view ahead of Friday’s $750M BTC options expiry -Breaking

[ad_1]

© Reuters.

(BTCFrom the January 10th low at $39650, the price has been up 11% and is now fighting for the $44,000 mark. While there may be many explanations to the weakness in recent months, none seems sufficient to justify the 42% correction from the Nov. 10 high of $69,000.

The U.S. Securities and Exchange Commission issued negative comments on VanEck’s rejection of physical Bitcoin at that time (12 November). ETF (exchange-traded fund). It was the cited regulatory body Inability to Avoid Market ManipulationUnregulated exchanges, heavy trading volume based upon’s (USDT) stablecoin.

Bitcoin options for January 14. Source: Coinglass