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Why Do Crypto Traders Care About Spot Market Bitcoin (BTC) Exchange-Traded Funds (ETFs)?

The demand for ETF news is clear enough — as Blockworks reported, the Binance BTC/USDT market, which accounts for 8% of bitcoin daily trading volume, saw a 7% candle roughly 30 minutes after an unsourced, unproven tweet about BlackRock’s approval was posted. Mind you, this is in an industry that

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Bitcoin traders eye weekly close volatility with $27K BTC price on radar

Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough.BTC/USD 1-hour chart. Source: TradingView"Ultra boring" BTC price may yet surprise at weekly closeData from Cointelegraph Markets Pro and TradingView tracked a typically sideways weekend, with BTC price

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Did SBF really use FTX traders’ Bitcoin to keep BTC price under $20K?

Bitcoin (BTC) failed to hit $100,000 during the 2021 bull market because defunct exchange FTX kept selling BTC, analysis claims.In an X post on Oct. 12, Joe Burnett, senior product marketing manager at Bitcoin financial services firm Unchained, joined voices arguing that FTX executives suppressed BTC price strength.FTX testimony reveals

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Bitcoin traders hope $27K holds as BTC price ignores volatile US dollar

Bitcoin (BTC) stayed glued to $27,500 at the Oct. 4 Wall Street open as attention continued to focus on rampant United States yields.BTC/USD 1-hour chart. Source: TradingViewAnalysis: $27,000 now "key" for BTC priceData from Cointelegraph Markets Pro and TradingView showed a calm day for BTC price action while U.S. dollar

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Traders Give Bitcoin (BTC) Price Prediction, Dogecoin (DOGE), Tron (TRX), Ether (ETH) Drop

“October is also typically a good month for the cryptocurrency market. Indeed, it is dubbed “uptober” by market insiders,” shared Lucas Kiely, chief investment officer of Yield App, in a message to CryptoX. “Only twice since 2013 has bitcoin closed at a loss in October, and hopefully, this year will

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Bitcoin traders demand ‘slow grind’ up after BTC price drops over 4%

Bitcoin (BTC) traded moderately higher on Oct. 3 after giving back $1,300 of gains into the daily close.BTC/USD 1-hour chart. Source: TradingViewBitcoin bulls slip at $28,600Data from Cointelegraph Markets Pro and TradingView showed BTC price action focusing on $27,500.The pair unwound overnight, descending from six-week highs near $28,600 to bounce

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