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Bitcoin and Crypto Markets Await Quarterly Options Expiry, PCE Inflation Data, and Potential Bullish Signals

June 30 (Cointime) - The Bitcoin and crypto market were closely watching the expiry of quarterly BTC and ETH options, which was the second largest in history with a volume of 159,000 BTC options and 1.25 million ETH options worth almost $7 billion.

Bitcoin Bulls Secure $440M Profit in BTC Options as Price Remains Above $30,500

June 30 (Cointime) - Bitcoin reached a high of $31,000 before dropping to $30,000, but recent consolidation has indicated a bullish signal. The market is waiting to see if the bulls will push the price up again.

Ether/Bitcoin Ratio Futures Available starting July 31 on CME

June 30 (Cointime) - Bitcoin and Ether, the two largest cryptocurrencies by market cap, are highly correlated. As the relative strength of the correlation fluctuates, market idiosyncrasies may affect one coin more so than the other creating trading opportunities.

Bitcoin Options Expiring Today Could Trigger Volatility and Potential Price Spike

June 29 (Cointime) - Bitcoin has managed to stay above $30,400 despite recent selling pressure, with support at this level giving bulls a chance to fight back. Bitcoin is currently trading at $30,458 with sideways movement in the last 24 hours. Over $7 billion in crypto options contracts will expire today, with over $5 billion based on Bitcoin.

Bitcoin Price Stalls at $31,000 Resistance as Traders Await Next Move

June 29 (Cointime) - Bitcoin made another attempt to reach $31,000 on June 29, but failed to break through. The cryptocurrency remained in a short-term trading range between $30,000 and $31,000, lacking the momentum to continue its previous uptrend or reverse downward. However, market participants believe that flipping higher resistance levels to support is likely to happen soon.

Bitcoin Recovers After MicroStrategy Purchase, Falling Wedge Pattern Forms, and When the Last Bitcoin Will be Mined

June 29 (Cointime) - Bitcoin has shown a rise of 2.24% and hit the $30,700 zone, but has since slipped back to $30,562 on the Bitstamp exchange. Crypto trader Scott Melker has posted a BTC/USDT chart on Twitter, showing a Falling Wedge pattern forming, which is likely to push the asset's price to the North.

Presidential Candidate Robert F. Kennedy Says Bitcoin (BTC) Is a Bulwark Against Totalitarianism

June 29 (Cointime) - Robert F. Kennedy Jr., a presidential candidate, has pledged to protect the public's right to own and transact with Bitcoin if he is elected. Kennedy believes that Bitcoin is a safeguard against government and corporate intrusion, and people should have the right to own their private keys.

$7 Billion Worth of Bitcoin and Ethereum Options Set to Expire Tomorrow, Causing Potential Market Volatility

June 29 (Cointime) - According to Greeks Live portal, tomorrow will see the expiration of quarterly options on Bitcoin and Ethereum, with a combined notional value of $7 billion. This is $300 million more than the previous quarter's value.

Dogecoin Technical Analysis Update: Bears Still in Control

June 29 (Cointime) - Dogecoin failed to follow Bitcoin's recent jump above $30k, as the technical and fundamental picture looks bearish. The US GDP was revised higher, suggesting further rate hikes from the Fed, which will likely push against fiat rivals in the cryptocurrency market.

Bitcoin-Gold Correlation Hits Lowest Point as Economic Performance Diverges

June 29 (Cointime) - The US GDP report exceeding expectations on June 28 has caused significant changes in the economic landscape. While the gold price has dropped below $1,900 due to investor sentiment influenced by robust economic performance, Bitcoin has charted a different course and surpassed the $30,600 level.