Lack of Conviction in Institutions' Bitcoin Positioning May Be Addressed by Upcoming CPI and Iran Talks
The price of bitcoin, currently at $74,490.24, has experienced a 7% increase since Sunday, yet its recovery has stalled near $72,000 due to key binary risks, including the upcoming US inflation report on Friday and the US-Iran truce talks over the weekend. This cautious approach is reflected in the options market, where institutions are pursuing upside potential via calls while also purchasing do…
April 10, 2026, 11:29 a.m.