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Bitcoin Cointelegraph

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

Bitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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