Bitcoin may seem to be more volatile than traditional assets but in crypto markets it is considered relatively stable compared to alternative cryptocurrencies.
Bitcoin (BTC) is the biggest cryptocurrency by market value. Not only is it used as the base currency of choice for trading smaller digital assets, it is also less vulnerable to manipulation or sudden price swings compared to altcoins, most of which are based on Ethereum’s blockchain.
However, that pricing situation may change during the third quarter, according to options market data.
The spread between the three-month at-the-money implied volatility for Ethereum’s ether (ETH) token and bitcoin pair, a measure of expected volatility between the two, fell to a record low of -2.4% on Sunday, according to data provided by the crypto derivatives research firm Skew.
Read on:
https://www.coindesk.com/bitcoin-facing-greater-price-volatility-than-ether-in-q3-options-market-data-suggests