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Crypto Daybook Americas: A Cautionary Signal for Bitcoin Prices from the S&P 500 Index

Crypto Daybook Americas: A Cautionary Signal for Bitcoin Prices from the S&P 500 Index

Here’s a summary of the article:

Crypto Market

  • Bitcoin price: $102,000
  • Ethereum to Bitcoin ratio: 0.036
  • Hashrate: 792 EH/s
  • Total fees: 6.6 BTC ($665,000)
  • CME Futures Open Interest: 495,641 BTC

ETF Flows

  • Spot BTC ETFs: Daily net flow of $978.6 million, cumulative net flows of $36.89 billion
  • Spot ETH ETFs: Daily net flow of $128.7 million, cumulative net flows of $2.77 billion

News

  • FTX EU Sold to Backpack Exchange, Plans Regulated Crypto Derivatives Push Across Europe
  • Dollar Edges Toward One-Week Low as Market Ponders Trump Tariffs
  • Canada Tilts Right as Inflation Claims Trudeau as Latest Victim
  • Bitcoin Miners Stockpile Coins to Ride Out Profit Squeeze
  • This Crypto Fund Blew Past Bitcoin’s 121% Price Gain in 2024

Technical Analysis

  • The chart shows ether’s $4,000 call is now the most popular option on Deribit, with an open interest of $336 million.
  • Note the activity in higher strike calls at $10,000 and $15,000.

Stocks

  • MicroStrategy (MSTR): closed at $379.09 (+11.61%)
  • Coinbase Global (COIN): closed at $287.76 (+6.32%)
  • Galaxy Digital Holdings (GLXY): closed at C$29.83 (+1.32%)
  • MARA Holdings (MARA): closed at $20.55 (+4.63%)
  • Riot Platforms (RIOT): closed at $12.89 (+4.46%)

Funds

  • Pythagoras’ Alpha Long Biased Strategy outperformed bitcoin’s 121% gain in 2024 by combining a core bitcoin position for long-term growth with machine-learning-driven momentum and long-short strategies, achieving a 204% return.

Let me know if you’d like me to expand on any of these points!

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