Bitcoin holds $48K as final Wall Street session caps 60% YTD gains for BTC
Bitcoin (BTC) chipped away at its latest gains on Dec. 31 as the final trading session of 2021 opened on Wall St.
Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it meandered around the $48,000 mark, having reached multi-day highs of $48,550 hours earlier.
The uptick had coincided with the December expiry on Bitcoin options, by far the biggest date on the options calendar at nearly $6 billion. Conspicuous buying was recorded on U.S. professional exchange Coinbase Pro in the run-up to the event.
With stocks heading higher in Asia, all eyes were on the potential for a final flourish against a background of concern over inflation in 2022.
The S&P 500 broke its 70th all-time high of the year Thursday at 4,806 points, but next
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