Bitcoin was lower, pausing after after a three-day rally that saw prices approach $16,000, their highest since early 2018.
The recent rally left the largest cryptocurrency up 116% year to date, and some bullish digital-asset market analysts were already looking at even higher levels. Denis Vinokourov, head of research at the crypto prime broker Bequant, said in an email there’s the potential for a squeeze in the options market to push up prices in the next several days.
“This, coupled…
Source link
