Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1...

The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level.

Bitcoin’s price fell while ether options traders have favored call options in the past month.

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

Bitcoin’s price is seeing little action while the ether options market is betting on a much lower valuation for the asset in 2021.

Bitcoin’s price is trending upward while ether options traders focus on $400 strikes.

Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.