According to data from Matrixport, the 30-day realized volatility spread between ETH and Bitcoin typically ranges from 1.0 to 1.5.#Matrixport 📈Today-Aug 13: #Ethereum’s Volatility Surpasses #Bitcoin’s#Cryptoassets #cryptomarket #BTC #ETH pic.twitter.com/QoKsuLUrAH — Matrixport Official English (the only official X) (@Matrixport_EN) August 13, 2024 This means that Ethereum’s price movements have been up to 50% more erratic than that of Bitcoin, suggesting that Ethereum may offer a riskier market for investors.
Related Reading: Ethereum Price Gains Strength, Outpaces Bitcoin With An 8% Surge Ethereum’s Volatile Outpacing Bitcoin’s Volatility measures the price variations of an asset over time, with higher volatility indicating more significant price changes.
Top Analysts Predict $150K Surge On The Horizon The technical outlook on Bitcoin shows that the asset has now validated the setup of a potential rebound to higher levels.#BTC Bitcoin has successfully retested the Channel Bottom as support (green circle) to confirm a reclaim of the Channel overall$BTC #Crypto #Bitcoin pic.twitter.com/ZCTQtKw580 — Rekt Capital (@rektcapital) August 13, 2024 Meanwhile, the technical outlook suggests that ETH might still be stuck.
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