Bitcoin Stuck in Range, Altcoins Outperform
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Bitcoin hovers around $67k, stuck in a trading range since February, while the crypto market remains choppy amid a larger downtrend. Altcoins like Algorand and Render surged, but Brent crude oils rise suggests a prolonged war. Traders in derivatives are cautious, with thin volumes and steady open interest. Zcash futures are steady, and volatility indexes have dropped. Dealers face negative gamma below $68k, amplifying selling in a dip. Altcoins in DeFi and AI outperform, and Bitcoins next move will determine the markets direction.
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