Lack of Conviction in Institutional Bitcoin Investments; CPI and Iran Talks May Influence
Despite bitcoin's recent 7% price surge to $74,290.27, market conviction remains weak, with the recovery faltering near $72,000 due to impending binary risks, including the US inflation report and US-Iran truce talks. Institutions are adopting a cautious approach, evidenced by their options market activities, where they are pursuing upside potential through calls while also buying downside protec…
April 10, 2026, 11:29 a.m.