Here’s a quick recap of the crypto landscape for Wednesday (June 24) as of 10:00 p.m. UTC.
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.
Bitcoin price update
Bitcoin (BTC) was priced at US$59,822.39, down by 4.1 percent over the past 24 hours.
In an email, Bitfinex analysts said Friday’s (June 26) US$10.5 billion Bitcoin options expiry will provide a critical market reset: “The headline number most desks will quote is max pain at US$74,000, but that level is a distraction here. Max pain pulls price only when dealers are long gamma and hedge toward it, and Bitcoin is below the flip, so US$74,000 has no…
