Bitcoin Futures and US Fiscal Uncertainty

Bitcoin futures open interest hits a record high of $72 billion, driven by institutional investors and US fiscal uncertainty. Bearish positions at risk of liquidation could boost BTC's breakout odds.

Stock Market Volatility

The extreme volatility event in the stock market may not have been as it seemed, with some experts questioning the accuracy of the VIX fear gauge. Technical factors such as lack of liquidity and misfired volatility bets could have contributed to the spike. Market sentiment may be better reflected by VIX futures rather than the VIX itself.