Bitcoin, Ethereum, Ripple: Low Volatility, High Risk | Webinar

Tether (USDT) traded down to $0.94 in early trade Monday, sharply below its 1:1 US dollar peg, while BTC lead the cryptocurrency 10% higher. These sharp gains were soon given back, leaving the market stuck in a low volatility rut. Trading ranges – on the four-hour chart – are very tight with no clear direction for the coin, a sign that a sharp breakout may be on the cards.

Investment giant Fidelity announced Monday that it would shortly be launching a trading and custodial platform for institutional customers. The marekt took this news in its stride, which is surprising as market participants continue to look for credibility from large institutions.

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