Institutions Show Limited Conviction in Bitcoin Positioning Amidst CPI and Iran Talks
The bitcoin price, currently at $74,594.24, has seen a 7% increase since Sunday but lacks conviction, stalling near $72,000 ahead of key events like the U.S. inflation report and U.S.-Iran truce talks. Institutions are adopting a cautious approach, buying call options to bet on price gains while also purchasing downside protection. According to QCP Capital, there is demand for the $45 call expiri…
April 10, 2026, 11:29 a.m.