Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether

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

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

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

Bitcoin hit another all-time high today while ether traders are paying royally to get in on the options action.

Bitcoin’s price is rebounding after an OKex-related dip. Meanwhile, ether options traders have a bearish "beacon chain" attitude.

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