QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin | Headlines | News | CoinMarketCap

07/30/2024 21:23
QCP Capital forecasts significantly greater volatility for Ethereum compared to bitcoin | Headlines | News | CoinMarketCap

Ethereum is anticipated to experience significantly larger price swings than bitcoin in the future, as reflected in the higher options volatility …

Ethereum is anticipated to experience significantly larger price swings than bitcoin in the future, as reflected in the higher options volatility premium for the second-largest asset by market capitalization.

"The volatility premium of Ethereum to bitcoin has widened to about 8% for the longer tenor expiries, up from 4% last week," QCP Capital analysts said.

QCP Capital analysts also expressed a preference for accumulating Ethereum, noting its cost-effective spot price when considering the rise in the asset's implied volatility.

Ethereum remains more robust than bitcoin

The analysts observed that Ethereum has maintained its price more effectively than bitcoin, despite the market caution that followed the U.S. government's transfer of 30,000 BTC, valued at approximately $2 billion, to …

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