The path for a major crypto market structure bill just got a tiny bit clearer, with one analyst bumping its odds of passage. But don't break out the champagne just yet.
Bitcoin's looking deceptively stable on the surface—institutional money keeps flowing in. But underneath, large holders are bailing out, and oil hitting $120/barrel just killed the rate-cut narrative that fueled the whole rally.
Bitcoin just slipped below a critical technical threshold—and it's not the geopolitical headlines that should worry you. The real danger is hidden in options market structure, where a feedback loop of forced selling could turn a routine dip into something far uglier.