The macro picture is changing: “SOFR options trading is hedging the possibility of a 50-basis-point Fed rate hike in December.”
The news flow is somewhat subdued, risk appetite may contract, and crypto assets could face short-term selling pressure. The key question is whether the selling pressure is cleared all at once or builds gradually.
$BTC Current price: 73641.9. Keep a close eye on it.
The news flow is somewhat subdued, risk appetite may contract, and crypto assets could face short-term selling pressure. The key question is whether the selling pressure is cleared all at once or builds gradually.
$BTC Current price: 73641.9. Keep a close eye on it.