Traders anticipate further downside, with approximately $1.05 billion in short positions at risk if Bitcoin returns to its price from the previous day. Read more »
According to a JPMorgan report, spot Bitcoin ETFs have been available in Canada and Europe without drawing large investor interest. Read more »
Persistent inflation and a strong labor market create conditions for more Fed rate hikes in 2023, which may push down Bitcoin against the U.S. dollar. Read more »
