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Time Details
2025-07-03
04:29
Bitcoin (BTC) Price Rebounds Towards $110K as Analysts Eye Major July Volatility and Inexpensive Trading Opportunities

According to @cas_abbe, Bitcoin (BTC) is rebounding strongly towards $110,000, trading near $109,500 after a brief dip, buoyed by a U.S.-Vietnam trade deal and the successful launch of the first U.S. Solana staking ETF (SSK). K33 Research analyst Vetle Lunde anticipates a volatile July for BTC, citing potential market-moving events tied to U.S. policy, including a new budget bill, a July 9 tariff deadline, and a July 22 crypto executive order update. Despite this, NYDIG Research notes that Bitcoin's current low volatility presents a unique trading opportunity. The firm suggests that the reduced volatility has made options contracts 'relatively inexpensive,' offering a cost-effective way for traders to position for significant price movements ahead of these key July catalysts.

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