News list for " Since Last"

Analysis: A stronger yen could create a negative feedback loop for global risk assets, and crypto traders need to exercise caution

On August 19, the exchange rate of the yen against the US dollar has risen by 2.4% since last Thursday to 145 yen against the US dollar, indicating a preference for safe-haven currencies. Similar yen strength triggered the unwinding of carry trades in early August, causing sharp fluctuations in risk assets including bitcoin. Bitcoin prices fell from about $70,000 to $50,000 in the first eight days of August 5, and then rebounded to...

clock
2024-08-19 09:12:39
QCP Capital: BTC put option skew has recovered from -25% during panic to -5%.

The latest report from QCP Capital states that BTC price has rebounded strongly since last week's sharp market correction, but is still struggling to stay above the $60,000 level. The BTC put skew has recovered significantly from -25% during the panic to -5% before the wash, but the market remains cautious in the short term, expecting the BTC put skew to persist until September. In two major pullbacks in April and June this year, BTC recovered to above 70k in less than a month. With Blackrock co...

clock
2024-08-12 12:42:36
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.