Ether options signal growing downside fears as Bitcoin stays resilient, analyst says
Photo: Crypto Briefing
Bitcoin has been more resilient than Ether, trading within the $80,000 to $84,000 range and gaining 1.5% over the past 30 days. Ethereum traders are paying more to protect against a potential sell-off as implied volatility climbs and demand for downside hedges grows, even as Bitcoin holds relatively firm amid ongoing market turmoil. Ether’s seven-day put options traded at an implied-volatility premium of as much as eight percentage points over calls during the weekend, according to data from Block Scholes.
Source: Crypto Briefing
