Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums

Bitcoin has been able to hold above $19,000 as it has for the past several days. Meanwhile, the ether options market on Deribit has dipped in December although a block trade strategy in the $600-$800 price range has developed.

  • Bitcoin (BTC) trading around $19,510 as of 21:00 UTC (4 p.m. ET). Gaining 1.6% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $19,053-$19,555 (CoinDesk 20)
  • BTC above its 10-hour and 50-hour moving averages on the hourly chart, a bullish signal for market…

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