Bitcoin
$BTC just cracked $121K and Ether
$ETH is pushing $3,050—but here’s the twist: traders don’t care about Tuesday’s U.S. inflation data. Why? Because this rally isn’t about the Fed anymore.
👉 Options markets are screaming bullish. On Derive, nearly 20% of
$BTC bets are stacked at the $130K level. ETH? Over 45% of open interest for this week targets $3,400. That’s real conviction.
The reason? It’s all macro vibes:
Weak dollar = more risk appetite 💸
U.S. debt's exploding again under Trump 2.0
Fiscal dominance is back, baby
Plus, it’s Crypto Week in D.C. with pro-crypto bills in play
Even Deribit is showing calls > puts across the board. Inflation data? Might as well be background noise.
💬 “BTC’s rally is now powered by corporate adoption + global money flows—not Fed cuts,” says Two Prime’s CEO.
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