On October 2, the SEC approved an amendment to the Cboe BZX listing rules for six Volatility Shares products, including a 3x leveraged Bitcoin ETP and a 3x leveraged Ether ETP. These funds aim to triple the daily performance of their reference asset, before fees.
Here are the four major events likely to matter the most for BTC and the broader crypto market for the week ahead.
Key price averages are on the verge of confirming a major bullish configuration for the first time in over a year.
President Donald Trump's chief economic adviser has called for former Federal Reserve Chair Jerome Powell to leave the central bank's board, opening another debate over the Fed's policy direction weeks after officials raised interest rates for the first time in
Bitcoin traded near $85,852. Binance spot bids were about $14.63 million, while Coinbase spot bids were about $20.63 million.
The potential for a major short squeeze near $90K could trigger significant market volatility, impacting Bitcoin's price dynamics and trader strategies. Bitcoin faces major short liquidation cluster near $90K, Glassnode says.
A push after the September U.S. jobs report left Bitcoin near a price area that has capped several recent advances; its next direction remains unconfirmed.
Bitcoin price has begun October near $85,000 after a weak U.S. jobs report lifted hopes that the Federal Reserve will leave rates unchanged this month.
US Bitcoin ETFs saw volatile flows last week, while BTC staged a strong recovery and climbed above $86,000 over the weekend.
Willy Woo estimated that about 12% of countries hold Bitcoin and roughly 5% of the world's population owns it.
There is a very important level coming up for the top cryptocurrency. This could be the key to either making or breaking a potential breakout for the most recent bounce.
Sustained inflows into spot Bitcoin ETFs could stabilize market prices, but concentration in a few funds may mask broader investor sentiment. Spot Bitcoin ETFs see $241M in net inflows for third straight week.