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Bitcoin traders eye bear trap as BTC price hits 10-day high of $60.4K
Bitcoin traded above $60,000 on July 14 as an assassination attempt on United States presidential candidate Donald Trump sparked BTC price volatility. BTC/USD 1-hour chart. Source: TradingView BTC price spikes above $60,400 Data from Cointelegraph Markets Pro and TradingView tracked a crypto market surge as news of the attack, which Trump survived, came in. Local highs of $60,423 on Bitstamp marked Bitcoin’s BTC $58,977 highest value since July 4. Amid uncharacteristically strong performance for a weekend, traders looked to the weekly close and start of legacy market trading for proof that the rally had legs. “$60,500 reclaim would be awesome...

Cboe’s New Cash-Settled Bitcoin ETF Options: Could This Spark A Move Beyond $100,000?
Cboe, the derivatives exchange for digital assets and securities trading, is set to make a big addition to the crypto landscape by launching the first cash-settled index options linked to Bitcoin’s (BTC) spot price movements. Scheduled to debut on December 2, these options will be based on the Cboe Bitcoin ETF Index, which tracks a selection of US-listed spot Bitcoin exchange-traded funds. What This Means For Traders The introduction of these options follows closely on the heels of Nasdaq’s recent listing of spot Bitcoin ETF options. This move allows US investors to utilize derivatives to speculate on or hedge against...

Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators
You are here: Home / News / Bitcoin (BTC) Reclaims Critical Level, Eyes $72,000 Amid Bullish Indicators In recent market activity, Bitcoin (BTC) experienced a decline, hitting a low of $65,500 before bouncing back from this critical support level. Despite this temporary setback, the overall trend for Bitcoin remains positive, signalling the potential for future gains. A notable development in crypto is the progress in repayments from the defunct Mt. Gox exchange. As former investors finally receive their funds, this large-scale movement of Bitcoin may have contributed to the slight dip in BTC prices observed recently. Bitcoin Shows Potential Breakout...