Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates – CoinDesk

Bitcoin continued to rise toward its all-time price high of nearly $66,000 on Monday.

For now, charts suggest further upside in bitcoin if a breakout above $66,000 is confirmed this week.

Despite lower trading volume in the spot market, ether’s option volumes have risen to their highest level since May.

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Damanick is a crypto market analyst at CoinDesk where he writes the daily Market Wrap and provides technical analysis.

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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