Lack of Conviction in Institutions' Bitcoin Positioning, CPI and Iran Talks May Provide Clarity
The price of bitcoin has seen a 7% increase since Sunday, but its recovery has stalled near $72,000 due to uncertainty surrounding key events, including the upcoming US inflation report and US-Iran peace talks. Institutions are adopting a cautious strategy, buying call options to speculate on potential gains while also purchasing put options for downside protection. According to QCP Capital, ther…
April 10, 2026, 11:29 a.m.