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CEPS > news > Markets > Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

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 averages, a bullish signal for market technicians.



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