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$BTC traded near $80k on Monday after a mid-week push towards $85k failed. Longs continue to pay for funding and hedging option traders, while buyers of spot and ETFs retreated as the price fell. Read the latest BTC Market pulse.

Glassnode · On-chain · · Source

$BTC traded near $80k on Monday after a mid-week push towards $85k failed. Longs continue to pay for funding and hedging option traders, while buyers of spot and ETFs retreated as the price fell. Read the latest BTC Market pulse.

$BTC traded near $80k on Monday after a mid-week push towards $85k failed. Longs continue to pay for funding and hedging option traders, while buyers of spot and ETFs retreated as the price fell. Read the latest BTC Market pulse.

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