Volatility has declined for both Bitcoin and Ethereum in recent days. Will BTC and ETH see growth in the future? The key could be...
In fact, Bitcoin trading calmed down significantly this week, with volatility dropping on the back of trading volumes being compressed from 70% to 50%.
One of the reasons for the same is that the market seems to be anticipating further delays in the U.S Securities and Exchange Commission’s approval of a spot Ethereum ETF. This is reflected in the deepening negative skew of ETH risk reversals, which now stand at -13% in the front-month contract. A negative skew means that put options are more expensive than call options for the same strike price and expiry.
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