Bitcoin Traders Are Preparing for the Fed in 2 Very Different Ways

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Bitcoin gained 1.54% over the past 24 hours to reach $80,837, according to BeInCrypto Markets data. The broader crypto market also rallied alongside technology stocks ahead of the Federal Reserve’s rate decision on Wednesday. Spot market and derivatives data show that traders are adopting two very different strategies to position themselves for the announcement. Bitcoin spot holders are moving their coins, while the derivatives market reflects a different form of positioning.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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