With the federal government continuing in shutdown mode, there continues to be a dearth of official economic statistics, including the all-important monthly Nonfarm PayRolls Report, which plays a large role in informing the Federal Reserve’s monetary policy. It’s thus elevated the status of some lesser-followed reports and at least one is flashing a major red […]
How Deep Could BTC Fall?
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The Deribit-listed bitcoin BTC$103,426.32 options market is revealing growing caution among traders, with some prepping for a slide to $80,000, as spot prices show signs of weakness. Notional open interest in BTC options, or the dollar value of the active contracts, remains elevated above $40 billion on Deribit, with activity concentrated in November and December […]