2020-6-19 23:37 |
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.
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After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
Equities are winning while bitcoin traders experience a dip in crypto volumes.
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.
Bitcoin traded sideways Friday, staying around $7,500. However, it regained its March losses and is showing upward momentum.