Crypto consolidates as volatility cools and futures markets tilt bearish

Bitcoin holds a tight range as altcoins rally on low liquidity, but derivatives data and options skew suggest traders are bracing for downside. What to know : Bitcoin remains stuck near $67,000 in a broader downtrend, with low volatility and muted futures activity signaling lack of conviction. Derivatives show growing bearish positioning: negative funding, rising Solana open interest, and puts trading above calls. Altcoins, especially DeFi and AI tokens, are outperforming, a typical sign of consolidation that often fades when bitcoin breaks direction.(Coindesk)