Crypto Options Signal More Losses for Ether-Bitcoin Ratio After Trump Skips BTC Mention in Inaugural Speech

Quick Summary:

Options continue to show a bias for BTC relative to ETH despite Trump bypassing any mention of strategic bitcoin reserve in his inaugural speech on Monday.

Traders on the decentralized betting platform Polymarket now see a 38% chance of Trump announcing a strategic BTC reserve in his first 100 days of presidency.

The ratio hit a three-year low of 0.03 early this week.

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Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets: United StatesCubaHong Kong

Topics: Bitcoin Trump Ether Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 04:09:35 (16 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 211 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25307241

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