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Bitcoin holds $30K as bulls flaunt their advantage in Friday’s $715M BTC options expiry

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cointelegraph.com/news/bitcoin-holds-30k-as-bulls-flaunt-their-advantage-in-fridays-btc-options-expiry

Bitcoin’s 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if BlackRock’s exchange-traded fund (ETF) application gets regulatory…

This story from cointelegraph.com was posted on 2023-06-22 by @hazelpine.

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