Reported 1 day ago
Bitcoin is experiencing a significant decline in volatility, dropping to an annualized rate of 38%, making it resemble a stable asset like blue-chip stocks. This maturation is causing speculative traders to shift their focus to Ethereum, which has seen increased trading activity and ETF investments, reflecting a new trend in the cryptocurrency market. As Bitcoin stabilizes as a long-term hold, Ethereum is drawing risk-seeking traders looking for sharper price movements.
Source: YAHOO