Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K

Leveraged traders have not materialized in the market to take bitcoin over the $40,000 hump. Meanwhile, ether is continuing to steal trading volume from BTC during a steady price rise toward $2,900.

  • Bitcoin (BTC) trading around $38,532 as of 21:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $37,311-$39,402 (CoinDesk 20)
  • Ether (ETH) trading around $2,789 as of 21:00 UTC (4 p.m. ET). In the green 1.1% over the previous 24 hours.
  • Ether’s 24-hour range:…

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