At press, the open futures positions were a cumulative $14.68 billion. This state meant BTC traders had been active in both long and short positions.While BTC might have shown strength in the derivatives market, its price was not on the same page. CoinMarketCapthat BTC had lost control of sustaining $20,000. At the time of writing, it was trading at $19,882.
Despite outrage from some ETH faithful corners about the securities tag, Saylor seemed to have made up his mind. The executive had earlier stated that Bitcoin had no alternative. He went further bythe Wall Street Journal article on the Securities and Exchange Commission considering ETH as securities.
Finally, there was no clear indication that BTC was no more substantial than ETH. However, loyalists from both ends would hope one is proven wrong as time goes on.Subscribe to get it daily in your inbox.
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