"As much as there have been decent earnings reports, it is all about yields and the U.S. Dollar. The Dollar is down about 1% today and the lowest it has been in a while. That is the driver of the risk-on sentiment today. Volatility is expensive currently, but it is the lowest it has been in bitcoin. Bitcoin broke through the $20K level today. There was a major covering in Ethereum," says Scott Bauer.
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