Markets
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Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up
- October 10, 2020
- Posted by: admin
- Category: Markets
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Bitcoin is flashing green as Square converts some of its cash to crypto while ether options traders are making lots of bets for December expiration. Bitcoin (BTC) trading around $10,890 as of 20:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,532-$10,962 BTC above its 10-day and 50-day moving
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Bitcoin Must Now Beat $11.2K for Bull Revival, Say Analysts
- October 10, 2020
- Posted by: admin
- Category: Markets
Despite bitcoin’s rally to three-week highs, some analysts remain cautious and want to see the cryptocurrency topple key resistance at $11,200 before calling a bullish revival. The biggest cryptocurrency by market value has risen by 3.5% to levels above $11,000 in the past 24 hours, confirming an upside break of a narrowing price range represented