With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a
sign traders are selling ether for bitcoin.
Bitcoin and ether had record-breaking days while trending more together.
DeFi and the prospect of trading futures have crypto investors scooping up
The amount of crypto in USD values locked in decentralized finance has reached
$32.8 billion, a new high.
Bitcoin has been trending higher for two days but ether is in the spotlight
The last time bitcoin’s closing price was under $30,000 was Jan. 1, according
to CoinDesk 20 data.
The investor spotlight is now shining on DeFi tokens and trading.
Crypto spot volumes rose to the second-highest level in over a month.
Today was the first time bitcoin traded below $30,000 since Jan. 21.
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over
A bullish bitcoin mentality appears to be forming in the options market while
ether continues on its roller coaster.
There appears to be strong support around $30,000, according to traders.
Very low spot volume Thursday isn’t helping bitcoin's price.
Bitcoin fell by over $3,300 while options traders see ether going higher.
The price of bitcoin has traded in a tight range Tuesday.
The technology is aimed at tracing commodity flows in near real-time and cut
Bitcoin may be down now but there is still growing demand for crypto assets,
one analyst said.
Bitcoin’s price is on a rising trend for the first time this week.
Less action in the bitcoin market Wednesday means traders are sitting out
while ether options are piling up for a first-quarter expiration.
Bitcoin’s price has ridden a roller coaster on lower spot volume while options
traders are ready to bet on ether FOMO.