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Bitcoin price news: BTC hits $58,000 but a short-squeeze could set up for bounce
Derivatives markets signal that betting on further slide in prices is getting overcrowded, setting up for a potential snapback.
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coindesk.com
Live updates: Bitcoin could drop to $59,000 in the short-term as liquidity dries up
Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.
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Bitcoin (BTC) price could fall to $55,000 to find a bottom in August-October, 10x Research says
A strengthening U.S. dollar and the Fed's hawkish turn under new chair Kevin Warsh may keep pressure on crypto through the summer.
