At the going price of $4,370, the cryptocurrency is up 45% on a month-to-date basis versus bitcoin’s 40% gain. The ether-bitcoin implied volatility spread is rising in a sign that the market expects ether to continue leading the price action in the coming weeks, as Thursday’s First Mover newsletter mentioned.
Related posts
-
Shiba Inu Exchange Balances Reach New Low As SHIB Bounces Off Golden Ratio
The Shiba Inu ecosystem has been subjected to updates in the last few days as developers... -
Spot Bitcoin, Ether ETFs Get Official Approval in Hong Kong; ‘Potential Fee War’ Unfolding, Says Analyst
The approval comes after U.S. regulators three months ago greenlit the first spot-based bitcoin ETFs in... -
Bitcoin’s First Post-Halving Adjustment Raises Mining Difficulty to Record High
Bitcoin recently completed its first difficulty adjustment following the fourth halving, recording a 1.99% increase and...