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Traders Position for Volatility as BTC ETFs See Outflows

“Risk reversals until Oct are still skewed towards puts in both BTC and ETH, indicating that the market remains cautious about the downside,” QCP said. “In the lead-up to next week’s non-farm payroll report, we expect market volatility to continue its downtrend as the market positions itself for potential rate cuts by the Fed.”

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Shaurya Malwa

https://www.coindesk.com/markets/2024/08/30/bitcoin-drops-under-59k-as-btc-demand-wanes-blackrocks-ibit-logs-outflows-for-the-second-time/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2024-08-30 07:46:54

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