Bitcoin futures data highlight investors’ bullish view, but there’s a catch By Cointelegraph


© Reuters.

(BTC) price surged by 26.5% in October and several indicators hit a one-year high, including the BTC futures premium and the Grayscale GBTC discount.

For this reason, it’s challenging to present a bearish thesis for BTC as data reflects the post-FTX-Alameda Research collapse recovery period and is also influenced by the recent increase in interest rates by the U.S. Federal Reserve.

The U.S. budget issue sparks Bitcoin’s institutional hope

Bitcoin 2-month futures annualized premium. Source: Laevitas

Not everything is rosy for Bitcoin, and exchange risks loom