Latest Crypto Daybook Americas News 🔥
Crypto Daybook Americas
Lack of Conviction in Institutions' Bitcoin Positions
The recent 7% surge in bitcoin's price to $70,803.44 has not been accompanied by strong conviction, with the recovery faltering near $72,000 ahead of key events such as Friday's US inflation report and US-Iran talks. Institutions are adopting a cautious stance, purchasing call options to bet on potential gains while also buying put options to protect against potential losses. According to QCP Cap…
April 10, 2026, 11:29 a.m.