Written by

Vetle Lunde

Senior Analyst

28 Mar 2023

Consolidating in chaos

FOMC, CFTC, other regulators and MSTR in focus

In short

A slight moderation in FED's hawkish tone could suggest that the hiking cycle is nearing its end while bank fears still remain omnipresent. Is this what causes institutional traders to maintain a positive bias toward BTC?

Binance re-introduces trading fees to its spot pairs, while the CFTC charges Binance for willful evasion of federal law. We explore the potential implications of the recent Binance developments in this week's market update.


BTC falls 3%, trading below $27,000

Spot volumes falls 64% in a week

CME basis stable at yearly highs

MicroStrategy with $114m left in the tank to buy BTC in Q2?

30-day volatility climbs to November highs

Perp traders remain conservative