Friday, April 19, 2024
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Market Wrap: Bitcoin Bumps Close to $11.6K; Ether Options Open Interest Dips

Bitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September.Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours.Bitcoin’s 24-hour range: $11,186-$11,598BTC is above its 10-day and 50-day moving averages,

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Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Bitcoin is making gains Friday while ether options traders on the Deribit exchange love $400 strikes.Bitcoin (BTC) trading around $10,050 as of 20:00 UTC (4 p.m. ET). Gaining 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $10,834-$11,111BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin

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Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin is flashing green as Square converts some of its cash to crypto while ether options traders are making lots of bets for December expiration.Bitcoin (BTC) trading around $10,890 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours.Bitcoin’s 24-hour range: $10,532-$10,962BTC above its 10-day and

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First Mover: Bitcoin ‘Comatose’ Under $16K for Rest of 2020, While Ether Traffic Eases

A slowdown in cryptocurrency trading on so-called decentralized exchanges has helped to alleviate congestion on the Ethereum blockchain, at least temporarily mitigating concerns the network was becoming overloaded.The trading lull comes as prices tumble for many of the hottest tokens from the fast-growing arena of decentralized finance, or DeFi. SushiSwap’s SUSHI token,

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Market Wrap: Bitcoin Regains $10.6K; High-Balance Ether Addresses Decline

Bitcoin is recovering from Tuesday’s drop while there is a decrease in large-balance ether addresses.Bitcoin (BTC) trading around $10,651 as of 20:00 UTC (4 p.m. ET). Gaining 0.66% over the previous 24 hours.Bitcoin’s 24-hour range: $10,524-$10,683BTC above its 10-day moving average but below the 50-day, a sideways signal for market

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Market Wrap: Bitcoin Hits $10.9K; Ether Options Signal Short-Term Volatility

An early rally Monday almost pushed bitcoin over $11,000; the ether options market expects volatility in the short term.Bitcoin (BTC) trading around $10,874 as of 20:00 UTC (4 p.m. EDT). Gaining 1% over the previous 24 hours.Bitcoin’s 24-hour range: $10,705-$10,956BTC above its 10-day and 50-day moving averages, a bullish signal

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