Bitcoin (BTC) and other cryptos traded lower on Monday as bullish sentiment faded. Volatility and trading volume continue to drift indicating low conviction among market participants. WAVES dipped 20%, while some option traders see value in ETH calls versus BTC calls.
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![Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin](https://cryptozalt.com/wp-content/uploads/2022/04/Market-Wrap-Cryptos-Pull-Back-Traders-Eye-Opportunities-in-Ether.jpg)