Weeks before the presidential elections in the USA, two presidential candidates Donald Trump and Kamala Harris faced each other on ABC screens last night. While the two made heavy accusations against each other, crypto was not discussed. While the major institutions of the US media
After Bitcoin surpassed $50 thousand in the previous days, all eyes turned to the actions in the options market. According to Bloomberg, option traders are expecting for a new ATH in Bitcoin. Deribit, the biggest crypto options exchange, reported that the numbers of open positions
January inflation data of USA has been announced. Annual inflation, which was announced as 3.4% last month, was 3.1% this time, but the rate was above expectations of 2.9%. Bitcoin dropped to $49,188 after the data was announced.
While Bitcoin continues to push the $50,000, it closed the last 6 days with an increase. If the Bitcoin closes in increase today, it will leave behind the 6-day positive rally last seen in January 2023.
Bloomberg’s two renowned analysts James Seyffart and Eric Balchunas stated in their latest report that they increased the probability of a spot Bitcoin ETF approval to 65 percent in 2023. Analysts also stated that according to them a few months ago, this rate was 1 percent.