Bitcoin (BTC), Ether (ETH) Prices Struggle With Options Expiry Imminent: Crypto Daybook Americas
By James Van Straten (All times ET unless indicated otherwise)
It’s a new day, but the same story: is struggling and is trying to hold the $4,000 range. Crypto bulls can take some comfort in the fact that there is only one week left in September, a historically bearish month, and what’s usually the strongest quarter is just around the corner.
Sentiment within the industry remains subdued. The Crypto Fear and Greed Index sits at 45, which is neutral, but leaning slightly closer toward fear than greed. Part of the reason is bitcoin’s underperformance compared with traditional assets. In the past three months, bitcoin has added 7%, while the S&P 500 gained 9% and gold 12%.
Looking ahead, $17 billion worth of…
