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…
