Bitcoin, ether volatility may rise as dealers adjust positions
In short
Bitcoin and ether are both trading in ranges where dealers and market makers may make prices move more sharply, according to a CoinDesk summary.
That matters because extra dealer activity can add to swings in crypto prices and make trading less stable for investors.
What the reporting says
Bitcoin and ether are trading in price ranges where market makers and dealers may add to market volatility, according to a CoinDesk summary. The report points to market structure around both tokens as the reason for the possible swing in prices. No specific price targets or timing were provided in the summary.
Why it matters
Bitcoin and ether are both trading in ranges that may prompt market makers and dealers to adjust hedges, according to the CoinDesk summary. That could amplify day-to-day price moves in the two largest cryptocurrencies.