Expected Rise in Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term.
Bitcoin's market is over-leveraged now as the cryptocurrency continues its run higher.
Bitcoin set a new high above $50,000 after erratic trading earlier this week, though options markets are not anticipating a drawdown anytime soon.
With liquidity falling in the bitcoin market, smaller trades can have a relatively large price impact.
The efficient market hypothesis butts up against bitcoin's volatile day while Bitcoiners show solidarity in hosting the white paper.
The global head of commodities research believes the amount of institutional money in bitcoin needs to grow to mature the asset.