Market Makers Keep Bitcoin Steady Around $100K Amid Pullback Risks
Market makers play a crucial role in maintaining Bitcoin’s price stability as it holds around the $100,000 mark. Recent hedging activities among options market makers provide a buffer against potential volatility risks stemming from elevated funding rates. As the market navigates through this heated environment, the actions of these key players become increasingly significant. Traders remain vigilant, understanding the delicate balance of demand and supply in an overheated market. Bitcoin’s ability to stabilize could set the tone for its performance in the coming weeks, influencing investor strategies and sentiment across the cryptocurrency landscape.
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