More Volatile, Bitcoin Is Easier Than Ether When Approaching Halving

Bittime - Bitcoin (BTC) and Ether (ETH), two major cryptocurrencies, have displayed different levels of volatility in recent periods, especially leading up to the Bitcoin halving event. This article will explore the differences in volatility between the two cryptocurrencies.

Bitcoin Historical Volatility vs. Bitcoin Ether

Bitcoin's annualized 30-day historical or realized volatility is up nearly 60%, exceeding Ether's 30-day volatility of only about 10 percentage points.

Data from Kaiko shows that this is the highest spread in at least a year.

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Influence of External Factors

1. Bitcoin ETF Influence : The SEC's decision to allow Bitcoin ETF trading has influenced the market significantly. This increases traders' interest in Bitcoin, which is reflected in increased volatility.
2. Bitcoin Halving Approaches : With the Bitcoin halving event approaching on April 21, market volatility is increasing. Halving reduces rewards for miners, creating a demand-supply imbalance that favors potential price increases.
3. “Sell-the-News” Forecast : Bullish sentiment ahead of the halving also raises concerns about a possible sell-off following the event. This can lead to higher market volatility .

Market Anticipation

Analysts estimate that the Bitcoin options market has also reflected anticipation of the halving event.

The steep contango before April 26 indicates market expectations of increased BTC volatility ahead of the halving, consistent with high forward volatility.

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Conclusion

Bitcoin has shown increased volatility in the period leading up to the halving, outpacing Ether in terms of price changes.

External factors such as the SEC's decision on Bitcoin ETFs and the halving approach have been the main drivers of market volatility.

Market players must pay attention to changes in this volatility to make the right investment decisions.

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How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.