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Stars align for Bitcoin rally to $100K, but futures traders exercise caution — Here’s why

cryptoweekly by cryptoweekly
May 2, 2025
in bitcoin, News
0

Moderate optimism can be seen in Bitcoin derivatives data, but not everyone is convinced that new all-time highs are “programmed.”

Key takeaways:

BTC hit $97,900 due to soaring institutional investor demand, but futures pricing shows traders aren’t confident in a sustained rally.

Macroeconomic risks and global trade tensions cap bullish sentiment despite $3.6 billion in spot BTC ETF inflows.

Read more

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  • Bitcoin open interest hits record high as bulls stampede toward new BTC price highs
  • Justin Sun to attend Trump's dinner with memecoin backers
  • Bancor files patent infringement lawsuit against Uniswap over DEX tech
  • Ethereum price gained 90% the last time this indicator turned bullish
  • Coinbase CEO's journey from no 'political causes' to hiring DOGE staff
  • Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins
  • Argentina's Milei shuts down task force investigating LIBRA scandal

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