Lack of Conviction in Institutions' Bitcoin Positioning; CPI and Iran Talks May Provide Clarity
The bitcoin price, currently at $77,124.23, has seen a 7% increase since Sunday, but its recovery has stalled near $72,000 due to key binary risks, including the upcoming US inflation report and US-Iran truce talks. Institutions are adopting a cautious stance, evident in the options market where they are purchasing call options to speculate on potential gains while also buying put options for dow…
April 10, 2026, 11:29 a.m.