Market Wrap

Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K

ETH was up as much as 5% over the past 24 hours, compared with a 2% rise in BTC.

BTC was up 2% over the past 24 hours, while CAKE rallied 20% and ApeCoin dropped 80%.

Altcoins outperformed BTC over the past 24 hours, suggesting a greater appetite for risk among crypto traders.

BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.

BTC trading volume is low as investors position themselves for a busy week.

Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.

BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.

Option traders noticed a surge in demand for BTC volatility products.

The order, which is expected to be issued this week, could be a source of volatility.

Analysts expect two or three months of price stabilization before a recovery. Others expect greater volatility.

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