DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Bitcoin CoinDesk

Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up

Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.

63 /100
Market signal

Archive context

Fresh in the current trading session. A tracked entity is involved.

Live markets: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.

Why this matters

Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

Original source

Read on CoinDesk

Related market context