Bitcoin is oscillating near $80,000 after failing to break $85,000 on Monday. Long funding rates remain elevated, options traders are hedging, and spot and ETF buying has weakened as prices decline, according to Glassnode.
Bitcoin is oscillating near $80,000 after failing to break $85,000 on Monday. Long funding rates remain elevated, options traders are hedging, and spot and ETF buying has weakened as prices decline, according to Glassnode.