First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

Brasil Notícia Notícia

First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report
Brasil Últimas Notícias,Brasil Manchetes
  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Bitcoin witnessed some downside as the U.S. jobs report showed hiring accelerated in July from June. LedesmaLyllah and godbole17 report in today's First Mover by CoinDesk Markets.

The Flow token's price rally is backed by a triple-digit jump in futures open interest across major exchanges, including Binance, according to data tracked by Coinglass. Open interest refers to the number of contracts traded but not squared off with an offsetting position.An increase in open interest means more money is being deployed in the FLOW market and validates the price rally.

FLOW has topped its 100-day simple moving average , leaving both bitcoin and ether behind, which continue to trade below the key SMA. The bigger downtrend, however, is still intact as seen in the chart below.BTC's 90-day put-call skew The 90-day put-call skew, which measures the difference between prices paid for puts relative to calls, continues to decline, indicating a weakening of bearish sentiment.

According to data tracked by crypto analytics platform Genesis Volatility, call options or bullish bets have been in demand this week. "Both short-dated and long dated BTC calls bought outright with relatively cheap volatility," Genesis Volatility said in a market update

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

CoinDesk /  🏆 291. in US

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

First Mover Asia: Bitcoin Snaps Losing Streak as Pelosi Taiwan Trip Passes Without IncidentFirst Mover Asia: Bitcoin Snaps Losing Streak as Pelosi Taiwan Trip Passes Without IncidentRisks posed by this week's visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi appear failed to materialize – at least in the eyes of the bitcoin market thesamreynolds reports
Consulte Mais informação »

First Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2BFirst Mover Asia: Crypto's ‘Learn-on-the-Fly’ Ethos on Display as Bridge Hack Damage Reaches $2BBitcoin and ether kept sliding, but barely. Meanwhile a corporate partnership announcement was enough to send Coinbase shares soaring (and short-sellers running for shelter).
Consulte Mais informação »

Bitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2 – Mining Bitcoin NewsBitcoin's Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2 – Mining Bitcoin NewsThe mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks.
Consulte Mais informação »

ASD superintendent talks future at first school board meetingASD superintendent talks future at first school board meetingDr. Jharrett Bryantt is just over a month into the job, but at his first school board meeting, he said he is excited to be a part of the community and that he’s looking to be here for the long haul.
Consulte Mais informação »

Man Has Pretty Good Idea Which Friend Going To Give Up On Dream FirstMan Has Pretty Good Idea Which Friend Going To Give Up On Dream FirstST. LOUIS—Saying he has a pretty good hunch about how much more rejection and fatigue each of his friends can withstand, local man Eric Mueller, 27, told reporters Monday that he can tell which one will be the first to abandon his dream. “My buddy John [Herrera] is a great musician, but I can just hear it in his voice…
Consulte Mais informação »

San Antonio's first-ever Chamoy Challenge will celebrate the city's unofficial condimentSan Antonio's first-ever Chamoy Challenge will celebrate the city's unofficial condimentThe inaugural Chamoy Challenge will allow fans of the complex condiment to sample a variety of snacks that will be judged in a competition. SanAntonio SATX SanAntonioTX chamoy TexMex SanAntonioFood SanAntonioRestaurants ThingsToDoInSanAntonio
Consulte Mais informação »



Render Time: 2025-03-04 09:45:57