Bitcoin Futures Traders De-Risk for FOMC, but Coinbase Premium Shows Spot Demand

Bitcoin futures traders de-risk for FOMC, but Coinbase premium shows spot demand - WorldNL Magazine

Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level. Key takeaways:Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders.Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision.The Coinbase premium suggests steady US demand defending $115,000.Bitco…

Bitcoin futures traders de-risk for FOMC, but Coinbase premium shows spot demand – DG Verifications & Stats

Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level. Market Analysis Key takeaways: Bitcoin futures open interest fell $2 billion in five days, signaling cautious futures traders. Binance taker volume averages cycle lows as the market waits for Fed’s interest rate decision. The Coinbase premium suggests steady US demand de…

Bitcoin Price Retraces Above The $116,000 Zone as Traders Await Fed’s Key Interest Rate Decision

The price of Bitcoin (BTC) has retraced to the $116,000 price zone, hitting $116,795 after briefly pulling back to $114,395 earlier in the week, as traders closely watch the Federal Reserve’s upcoming policy decision. The leading cryptocurrency continues to consolidate above $116,000, with immediate resistance seen between $117,000 and $118,000. A decisive breakout above this […] The post Bitcoin Price Retraces Above The $116,000 Zone as Traders…

Bitcoin futures traders de-risk for FOMC, but Coinbase premium shows spot demand

Bitcoin futures open interest dropped by $2 billion ahead of this week’s FOMC, but the Coinbase premium index shows traders are determined to defend the $115,000 price level.