Market Wrap: Bitcoin Hits $34.8K While Ether Volatility Skyrockets

A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.

Bitcoin prices approached $11,000 in early trading Monday as the ether options signal short-term gyrations.

Bitcoin’s price popped Thursday while options traders take bearish ether October bets.

With all this bullish bitcoin activity, the ETH/BTC pair has gone bearish, a sign traders are selling ether for bitcoin.

Bitcoin’s price is closing in on record 2020 highs as ether’s volatility picks up.

Bitcoin’s price is on a rising trend for the first time this week.