3 key events this week that could move Bitcoin and crypto prices
2025-07-04 05:40:40
Main Idea
Bitcoin's market performance is showing strength but faces potential volatility due to rising leverage and upcoming macroeconomic events.
Key Points
1. Bitcoin has rebounded 7% this week and locked in 30% quarterly gains despite macro headwinds.
2. CryptoQuant's Spot vs. Derivative Volume Ratio plunged to 0.05 by end-May, indicating speculative activity rather than a clean breakout.
3. This week's key U.S. economic reports, including Fed Chair Jerome Powell's speech and non-farm payrolls data, could impact Bitcoin's price movement.
4. Bitcoin leverage is building fast, with Deribit's Taker Buy/Sell Ratio surging to 12.5 and Open Interest rising to $72 billion.
5. If macroeconomic data breaks against expectations and leverage remains elevated, Bitcoin could face a 20%+ correction.
Description
Macro risks are looming. Is Bitcoin's next move a trap in disguise?
Latest News
- Berachain gains 20% in 24 hours – Mapping what’s next2025-07-17 07:17:30
- EVM Layer 2 Meme Coin Little Pepe (LILPEPE) Zooms Past $6,575,000 as Presale Stage 5 Sells Out2025-07-17 06:56:29
- SPX surges 23% to new ATH: THESE levels will decide the memecoin’s next moves2025-07-17 06:38:41
- The market flinched, Bitcoin ETFs didn’t – A structural shift you need to watch!2025-07-17 05:41:54
- Standard Chartered embraces Bitcoin with THESE latest client offerings2025-07-17 05:13:43