Bitcoin rebounds above $81,000 as Asian chip rally spills into crypto, pepe jumps 9%
Bullish strength: 65/100
- Bitcoin recovered above $81,000, while ETH and the broader memecoin market also advanced.
- U.S. spot Bitcoin ETFs recorded $176 million in inflows for a second consecutive day.
- Bitcoin's one-week put-call skew fell below 1%, indicating easing demand for near-term downside protection.
- PEPE gained 9.4%, while the Altcoin Season index increased to 60 from 57.
Bearish strength: 35/100
- The upcoming Federal Reserve decision and Chair Kevin Warsh's comments could introduce renewed uncertainty about future rate increases.
- Crypto liquidations rose 38% to $183.6 million in 24 hours.
- Bitcoin open interest slipped 0.1% despite a 2.3% price gain, indicating limited growth in leveraged exposure.
- Longer-dated Bitcoin options skews still showed a pronounced bias toward puts.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.