Bitcoin’s Calm Feels Dangerous—All Eyes On Vegas And June Reversal

Bitcoin hovers between $107,000 and $111,000, a deceptively narrow range that masks an options market bristling with tension. In a note to clients released today, Singapore-based QCP Capital argues that the lull is anything but benign. “Bitcoin’s reaction to last Friday’s macro developments was relatively restrained, even as equities rallied sharply,” the desk writes, pointing… Continue reading Bitcoin’s Calm Feels Dangerous—All Eyes On Vegas And June Reversal