|Day's Range||0.328 - 0.337|
|52 Week Range||0.1159 - 0.5202|
|Volume (24hr) All Currencies||3.88M|
Bitcoin's correlation with the S&P; 500 is somewhat erratic, but the relationship has just got stronger. That may not be bad news.
Bitcoin volatility continues to drop as the price stays within a tight range and traders wait for a breakout in either direction.
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.
Bitcoin is often likened to digital gold, but some analysts say the more compelling correlation is with the stock market.
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.
The case, which turns on how to interpret the 1986 Computer Fraud and Abuse Act, could set precedents for crypto in the years ahead.
The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash.