Cointelegraph By Marcel Pechman
Ether’s price performance is hindered by stagnant network use, high fees and regulatory uncertainty.
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Bitcoin derivatives data suggests room for additional price upside in the coming weeks as Ethereum ETF approval chances rise.
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Ethereum price soared to a 2-month high at $3,700 today as analysts significantly boosted their expectation that a spot ETH ETF could be approved.
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Bitcoin price shows strength as investors expect the Fed to resume printing, but a handful of global macroeconomic headwinds are still in play.
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ETH price hit $3,100, backed by a favorable court ruling and increased network activity.
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Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.
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ETH price continues to trail far behind Bitcoin’s year-to-date gains even after the crypto market responded positively to today’s CPI print.
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Bitcoin futures and options indicators remain stable even after BTC price swiftly rejected off the $63,500 level.
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This week’s Bitcoin options expiry sits at $1.35 billion, but what is the expected impact on BTC price?
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The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed.
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