Binary trading platforms with better performance and payouts
Markets
BTC and ETH have risen about 8% and 12%, respectively over the past seven days. While BTC has driven the market this year so far, the Shapella upgrade has boosted ETH trading, according to an analyst.
A report noted an increase in spot DEXs offering derivatives trading on their platforms.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The directional change suggests an end to the quantitative tightening that roiled cryptocurrencies last year.
The BTI is a daily signal that communicates the direction and strength of bitcoin’s current price trend through a purpose-built algorithm.
The latest price moves in bitcoin (BTC) and crypto markets in context for April 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
We are seeing a sell the rumor buy the fact redux, one observer said, explaining ether’s post-Shanghai upgrade rally.
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio.
Their thinking is contrary to other market observers, who believe a mass-sell-off following the “hard fork” will send prices downward.
Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.