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Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

Ether (ETH) was recently changing hands at just below $1,300, a more than 1% gain. Volume once again fell short of its 20-day average, marking the 12th consecutive day this has occurred. ETH may find difficulty moving past current levels, as puts (i.e., the option to sell ETH) exceed calls (the option to purchase ETH), by two to one at the $1,300 strike price.