Trading firm Wintermute's options desk puts bitcoin in a $61,242 to $63,563 range for Tuesday, with correlation rising across tokens and no fresh ETF bid in sight.
Bitcoin dropped to $59,000, impacting Strategy's common and preferred stocks, which also tumbled. Wintermute's options desk projects Bitcoin to trade between $61,242 and $63,563 on Tuesday, but it currently remains below this range. The correlation among tokens is increasing,…
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