BTC Options Point to Price Gains as Bullish Flow Builds Before CPI Data
By Francisco Rodrigues (All times ET unless indicated otherwise)
Bitcoin
rose over the weekend, offering a reprieve after a week of market jitters. It is now trading around $106,600 after gaining 1.2% in the past 24 hours, while the broader CoinDesk 20 (CD20) index added nearly 1.7%.
The recovery appeared driven less by headlines and more their absence, marking a shift from the public feud between U.S. President Donald Trump and Tesla CEO Elon Musk that rattled investors. As tensions cooled, markets recovered.
Even developments that might be seen as negative did not appear to sway markets. These include Taiwan-based crypto exchange BitoPro confirming being hacked, and data from Blockchain.com showing a slowdown in BTC’s network activity…
