Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves

Bitcoin (BTC) is in rally mode after a breakout above $43K. Still, trading volume and volatility remained low on Monday, suggesting low conviction behind the latest price jump. Some analysts remain cautious, but still expect the short squeeze to remain intact over the short-term.Read MoreCoinDeskBitcoin (BTC) is in rally mode after a breakout above $43K. Still, trading volume and volatility remained low on Monday, suggesting low conviction behind the latest price jump. Some analysts remain cautious, but still expect the short squeeze to remain intact over the short-term.