Bitcoin is trading steadily around $110,300 as markets consolidate.
\nTraders have largely paused adding new risk after the recent Fed meeting.
\nBitcoin dominance has risen to approximately 60% of the total crypto market.<\/p>\n
With Bitcoin holding steady above the key $110,000 level as traders consolidate positions and reassess risk following last week\u2019s hawkish signals from the US Federal Reserve, a cautious calm settled over cryptocurrency markets at the start of the week.<\/span><\/p>\n While the market has stabilized after a volatile period, underlying data from the derivatives and credit markets suggests that a \u201cwait-and-see\u201d approach is now the dominant strategy, with investors looking for a fresh catalyst to dictate the next major move.<\/span><\/p>\n As the business week began in Hong Kong, Bitcoin was trading around $110,300, while Ether held near $3,880. Both assets remain down significantly over the past 30 days, by 10% and 14% respectively.<\/span><\/p>\n According to market maker FlowDesk, clients have largely \u201cpaused adding new risk\u201d after the Fed meeting, with market activity dominated by short-term trading and portfolio rebalancing. <\/span><\/p>\n Despite the caution, FlowDesk noted that traders showed net buying in tokens with strong underlying fundamentals like BTC, HYPE, and SYRUP, even as Solana-linked assets lagged. <\/span><\/p>\n This deleveraging has left many traders \u201cunderexposed if the market rebounds,\u201d suggesting a cleaner market position, the firm wrote.<\/span><\/p>\n While spot markets appear calm, the derivatives space still shows signs of fear. According to CoinGlass data, approximately $155 million in crypto derivatives were liquidated in the past 24 hours. <\/span><\/p>\n The split, with $97 million in long positions and $58 million in shorts being wiped out, points to a moderate flush of overleveraged bullish bets rather than broad panic selling.<\/span><\/p>\n FlowDesk observed \u201celevated put skew and lingering caution despite calmer volatility,\u201d indicating that traders are still buying downside protection. <\/span><\/p>\n This cautious positioning, dominated by put buying and call selling, could present an opportunity if the market stabilizes. <\/span><\/p>\n \u201cCheap risk reversals could appeal if spot markets stabilize,\u201d FlowDesk wrote, adding that volatility will likely \u201cdrift lower into year-end.\u201d<\/span><\/p>\n In the broader macroeconomic picture, gold is holding onto its recent gains despite headwinds from the Fed. <\/span><\/p>\n The precious metal closed Friday at about $4,003 per ounce, posting a 3.7% gain in October for its third consecutive monthly rise.<\/span><\/p>\n Despite hawkish comments from the Federal Reserve and a stronger dollar that have reduced the odds of a December rate cut, haven demand for gold remains strong. <\/span><\/p>\n Persistent geopolitical tensions and ongoing U.S. fiscal uncertainty have continued to support the metal\u2019s appeal as a stable asset.<\/span><\/p>\n The post Bitcoin holds $110k as cautious calm returns to crypto markets<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin is trading steadily around $110,300 as markets consolidate. Traders have largely paused adding new risk after the recent Fed meeting. Bitcoin dominance has risen to approximately 60% of the total crypto market. With Bitcoin holding steady above the key $110,000 level as traders consolidate positions and reassess risk following last week\u2019s hawkish signals from […]<\/p>\n","protected":false},"author":0,"featured_media":5308,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5307","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5307"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5308"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fear lingers in the derivatives market<\/span><\/h2>\n
Gold holds gains despite hawkish Fed<\/span><\/h2>\n