Bitcoin Volatility Outpaces Ethereum as Traders Focus on Key Price Levels
-
Bitcoin's volatility has been much higher recently than Ethereum's - 60% over the past 30 days compared to Ethereum. This signals Bitcoin is going through bigger price swings.
-
Bitcoin's price has been hovering around $66,519, an important level. Staying above this suggests Bitcoin may try to move up towards $69,350 next.
-
Ethereum's volatility has been relatively steady lately. Its price to watch is around $2,979 - staying above here, Ethereum may continue upwards towards $3,502 in the future.
-
Higher Bitcoin volatility likely means more trader attention and interest, though also more risk. Ethereum is growing more slowly and steadily like stocks.
-
Bitcoin seems to be offering traders more risk exposure currently versus Ethereum. This may explain its drawing more interest and volatility now over Ethereum.