Bitcoin’s ‘less aggressive demand’ may lead to months of consolidation: Analysis
Bitcoin's demand has fallen to a four-month low at -3,138 BTC, with weak spot activity and negative ETF flows keeping prices below $80,000. Analysts warn of prolonged consolidation or a deeper correction toward $65,000 if key support at $78,000 breaks. The simultaneous weakness across spot demand and ETF positions historically signals renewed price weakness rather than stable consolidation.
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Stablecoins retain the edge over tokenized money market funds, JPMorgan says
JPMorgan reports stablecoins command 95% of the tokenized asset market, retaining dominance over yield-bearing money market funds due to regulatory hurdles. While tokenized funds offer attractive returns, securities classification limits their circulation across crypto exchanges and DeFi. The bank expects this gap to persist absent meaningful regulatory reform, keeping stablecoins as crypto's default cash instrument for trading and payments.
‘Rally slows into resistance’: Bitcoin stalls below $78,000 as ETF outflows and long liquidations deepen recovery doubts
Bitcoin trades near $77,500 as ETF outflows extend to four days, long liquidations mount, and analysts flag $80,000 as the next key test....
The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry
$6.25 billion in bitcoin options expire on Deribit May 29, with traders aggressively buying $82,000 calls betting on a breakout higher. The $75,000 strike carries heaviest put concentration at $394 million, while max pain sits $2,000 below current price at $77,250. The 0.86 put/call ratio signals modest bullish sentiment, though downward pressure remains real ahead of settlement.