BTC, ETH, BNB, TRX remain muted ahead of US Jobless data and $28B options expiry
Major cryptocurrency prices are trading sideways this Wednesday as investors exercise caution. This market stagnation is driven by light holiday trading volumes, anticipation of upcoming U.S. economic reports, and a record options expiry this week.
Summary
- Crypto prices are experiencing slight declines on Wednesday, amidst thin holiday liquidity.
- Traders are awaiting the release of a key U.S. economic data set for later today.
- A major options expiry event due Friday is adding to the caution.
According to data from CoinGecko, the total crypto market cap fell slightly, by 0.7% to $3.02 trillion last check on Wednesday, Dec. 24, Asian time. Bitcoin (BTC), the world’s…
