[Price predictions 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM]
Bitcoin and Ether are trying to rise from their respective lows, indicating strong buying on the dips.

<p><img src="https://static.fwimg.io/img/1px.png" alt="Price predictions 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM"></p><p>Bitcoin and Ether are trying to rise from their respective lows, indicating strong buying on the dips.</p>

Price predictions 8/20: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, LINK, HYPE, XLM

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another sharp drop, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Jeff Park, CIO of Bitwise, offers a new analytical framework from the perspective of options and hedging mechanisms. [...]

The Black Swan Event Was Actually This: The Real Reason for the Recent Bitcoin Crash

Bitcoin has recovered from a low near $60,000 to now stand around $69,000, having effectively given back the gains it made after Donald Trump’s election in November 2024 this week.
The cryptocurrency’...

Bitcoin slips below $70,000 after erasing post-election gains during 'sell at any price' rout

Author | Jeff Park (Chief Information Officer, Bitwise)
Compiled by Odaily Odaily(@OdailyChina)
Translator | Dingdang (@XiaMiPP)
Editor's Note: On February 5th, the cryptocurrency market experienced another crash, with over $2.6 billion liquidated in 24 hours. Bitcoin briefly plummeted to $60,000, but the market seems to lack a clear consensus on the causes of this decline. Bitwise CIO Jeff Park offers a new analytical framework from the perspective of options and hedging mechanisms.
...