Traders Brace for Major Volatility as Bitcoin Price Nears Record Highs
Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.
$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021.
Placed under provisional liquidation last month, Mirror Trading had claimed to be able to offer returns of 10% a month using bots to trade clients' bitcoin.
Bitcoin continues trading below $24,000 as legal action by the SEC rattles the XRP market.
The exchange operator failed to convince the court that Craig Wright had in fact been trading through his wife's account.