Bitcoin， Ether extend gains; top 10 cryptos mixed
【Bitcoin, Ether extend gains; top 10 cryptos mixed】Bitcoin, Ether gained in Friday afternoon trading in Asia, while all other top 10 non-stablecoin cryptocurrencies were mixed. Litecoin led the losers, followed by XRP. Tron gained the most, followed by Binance’s BNB.
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Bitcoin still around US$29,000
Bitcoin gained 0.58% to US$29,184 in 24 hours to 4 p.m. in Hong Kong, bringing its weekly gains to 0.19%, according to CoinMarketCap data. The world’s largest cryptocurrency’s market capitalization rose 0.39% in the last 24 hours to US$566.96 billion.
“Trading is all about attractive risk-reward opportunities, and the calmness that keeps Bitcoin pinned at US$29,000 will not last long. Traders can exploit the collapse in implied and realized volatility and buy cheap upside calls,” Markus Thielen, head of research and strategy at digital asset service platform Matrixport, said in an emailed report on Thursday.
“Our G..