Cryptocurrency Analysis and News Portal
"Only about a third of the open options positions in the market are puts, highlighting that crypto markets remain biased, as they have for a long time, towards calls," Lawrence Lewitinn, a director at The Tie, wrote in Wednesday's edition of the newsletter. Source
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Ether (ETH), the second-largest cryptocurrency by market capitalization, followed a similar pattern, dropping by 1% in the past 24 hours to change hands at around $1,860. The CryptoX Market Index (CMI), which measures the overall crypto market performance, was down 1% over the past 24 hours. Source
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Bitcoin (BTC) cooled near $19,200 after the Oct. 14 Wall Street open as stocks struggled to preserve their “bear trap.”BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: "Abandon all hope" for asset price reboundData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it came off one-week highs on the day
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