Cryptocurrency

Market Wrap: Bitcoin Leverage Costs Get Cheap, Ether Volatility Jumps

Market Wrap: Bitcoin Leverage Costs Get Cheap, Ether Volatility Jumps BTC had climbed from $35,709 to as high as $42,441. Then the slide started. Reported by CoinDesk.com “Crypto markets rebounded on Thursday but continue to exhibit signs of bearishness. Bitcoin (BTC) trading around $40,265 as of 21:00 UTC (4 p.m. ET). Gaining 2.1% over the previous […]

By CJ Reichel · May 20, 2021

Market Wrap: Bitcoin Leverage Costs Get Cheap, Ether Volatility Jumps
BTC had climbed from $35,709 to as high as $42,441. Then the slide started.

Reported by CoinDesk.com

“Crypto markets rebounded on Thursday but continue to exhibit signs of bearishness.

Bitcoin (BTC) trading around $40,265 as of 21:00 UTC (4 p.m. ET). Gaining 2.1% over the previous 24 hours.
Bitcoin’s 24-hour range: $35,709-$42,441 (CoinDesk 20)
Ether (ETH) trading around $2,804 as of 21:00 UTC (4 p.m. ET). Gaining 7.5% over the previous 24 hours.
Ether’s 24-hour range: $2,216-$2,992 (CoinDesk 20)”

Read the full article at CoinDesk.com