Weak volumes and rotations into other cryptocurrencies are likely impeding bitcoin’s price movement from going higher. Meanwhile, ether has been more volatile than bitcoin in 2020 and could remain that way.
- Bitcoin (BTC) trading around $18,349 as of 21:00 UTC (4 p.m. ET). Gaining 0.14% over the previous 24 hours.
- Bitcoin’s 24-hour range: $17,904-$18,652 (CoinDesk 20)
- BTC slightly above its 10-day and 50-day moving averages, a bullish trending signal for market technicians.