Bitcoin and gold are falling in lockstep as traders bet on higher interest rates, with Wednesday’s inflation print set to determine whether the selloff accelerates. The recent bitcoin bounce was a short squeeze, not real demand.
CME’s new bitcoin volatility index futures let traders bet on how much BTC will swing — not where it’s headed. Monarq and DV Chain have already placed the first trades.
BlackRock sold $213 million in Bitcoin through IBIT just one day after its first purchase in nearly three weeks, pushing ETF flows back into negative territory. The move raises questions about institutional conviction in the current market.
The UK’s FCA has proposed allowing retail investment funds to hold up to 10% in crypto exchange-traded notes, a move that could open regulated crypto exposure to everyday investors for the first time.
Michael Saylor blamed AI capital rotation for Bitcoin’s 14% crash. Arca’s Jeff Dorman says the real culprit is Strategy’s own selling — and the market should brace for more.