Bitcoin's Volatile Week: From ETF Launch to $40K Price Watch
TL;DR Summary
Bitcoin climbs back above $40,000 after recent dip, while Nexo files $3 billion arbitration claim against Bulgaria. A Trump-labeled crypto wallet holds over $1 million of a TRUMP meme coin, with its value surging from $7,100 to $2.5 million. Notional open interest in bitcoin futures contracts on the Chicago Mercantile Exchange drops by nearly $1.5 billion since the launch of spot ETFs in the U.S.
- SOL, ADA Lead Losses as Market Starts Week in the Red CoinDesk
- Bitcoin trims its losses after breaking below $39,000 to lowest level in 7 weeks CNBC
- All eyes are on $40K Bitcoin price leading into Friday's $4.5B BTC options expiry Cointelegraph
- Bitcoin price falls 15% following launch of ETFs Financial Times
- Retail investors are worried bitcoin will plunge below $20000 this year, Deutsche Bank survey says CNBC
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