Bitcoin Hits $81K as Derivatives Stay Flat, ETFs Surge
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Bitcoin holds $81,000, up 7% week‑over‑week, its first breach of $81k in three months.
- Deribit shows the 30‑day Bitcoin options delta skew near the 6% neutral threshold, indicating only a slight bearish bias.
- Laevitas reports Bitcoin monthly futures trading at a 1% annualized premium, well below the 4‑8% range sellers typically demand.
- Glassnode data reveals daily on‑chain transfer volume down 54% to $4.1 bn and transfers near a five‑year low.
- Nasdaq 100 Index hit an all‑time high, reflecting a broader risk‑on environment despite inflation pressures.
- US Federal Reserve Bank of Cleveland notes five‑year inflation expectations at 2.5%, a ten‑year high.
Why it matters: Institutional investors gain from record spot‑ETF inflows worth billions, while retail traders lose as on‑chain volume falls 54%, limiting market depth and making price spikes more volatile.
Ask SkimNews
