Author: Michael Johnson

Over $4.3 billion in Bitcoin and Ethereum options will expire today, December 12. BTC trades above $92,300, with a maximum pain level at around $90,000. Data shows balanced calls and puts, signaling a cautious stance among traders. Cryptocurrencies remained elevated on Friday as Bitcoin recovered from post-FOMC retracements. While most tokens trade below their key resistance zones, today’s gains brightened the mood across majors as uncertainty dominates even after the highly anticipated December 10 rate cut. Amidst the optimism, the primary story remained the over $4.3 billion in Bitcoin and Ethereum options expiring today, on December 12. With BTC price…

BTC ETFs recorded $60.48M withdrawals on December 8. Ethereum funds extended their latest momentum with $35.49M inflows. XRP and Solana ETFs ended yesterday with gains amid prevailing demand. The digital tokens space remains choppy ahead of the December 10 Federal Reserve decision on interest rates. Crypto exchange-traded funds, which have become vital in gauging institutional appetite in these risk assets, confirm the current uncertainty. Bitcoin ETFs suffer outflows despite IBIT’s gains Interest around BTC ETFs remained negative yesterday, with the products recording net outflows amounting to $60.48 million (SoSoValue data). The significant withdrawals came as investors reacted to the weekend’s…