CryptoWatch: Bitcoin prices trade slightly higher; Ether chart points to potential breakout

Bitcoin prices traded higher Monday as investors looked for a catalyst to break prices out of a lengthy lull.

In early Monday trading a single bitcoin BTCUSD, -0.08% was changing hands at $6,634.73 up 1.4% since Sunday at 5 p.m. Eastern Time on the Kraken exchange.

While traders pine for volatility, proponents of the underlying technology are relishing the suppressed price swings, pointing to growing use cases for an asset that doesn’t possess intraday swings of around 10% like it has in the past.

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