Crypto Highlights: • Ether is approaching the $4,000 mark, | Bitcoin & Crypto Trading

Crypto Highlights:

• Ether is approaching the $4,000 mark, trading at around $3,950.
• Optimism sold $89 million worth of OP tokens in a private transaction.
• JPMorgan suggests Bitcoin is unlikely to match gold’s allocation in investor portfolios due to its volatility.

Latest Prices:

• CoinDesk 20 Index: 2,633 (+2.7%)
• Bitcoin (BTC): $67,591 (+0.7%)
• Ethereum (ETH): $3,944 (+3.8%)
• S&P 500: 5,157.36 (+1.0%)
• Gold: $2,176 (+0.9%)
• Nikkei 225: $2,176 (+0.9%)

Market Insight:

• Interest in Bitcoin options has surged, with over $20 million locked in a call option at the $200,000 strike price.

Chart of the Day:

• The notional open interest in ether call options stands at $7.57 billion, indicating a market positioned for a continued rise in Ethereum’s value.

#cryptoupdate

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