Analysis: Bitcoin rises above $77,000 but remains range-bound
According to CoinDesk, btc-42">Bitcoin (BTC) rose slightly on Friday, increasing by 1.25% since UTC midnight to about $77,250, but it has still been fluctuating between $75,000 and $80,000 since April 19.
The futures funding rates are mostly negative, indicating that traders still prefer to short at highs; the open interest in Bitcoin futures is about $19 billion, remaining basically flat week-over-week, with a 3-month annualized basis of 1.5%. The options market, on the other hand, leans bullish, with 58% of the options traded in the past 24 hours being call options, and the demand for downside protection has eased.
You may also like
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Looking at Stripe's ambitions and the future of stablecoins from OUSD
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Dan Bin's latest speech: Don't miss out on a great era
Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.


