Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
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Bitcoin trades above $19,000 as ether options volume on exchange Deribit spikes.
Bitcoin’s price hit a 2020 record as ether’s share of the market dips.
Bitcoin’s price fell while ether options traders have favored call options in the past month.
Bitcoin price jumped after a sleepy weekend while ether options interest has been weaker than the past month.
Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency.