
Bitcoin Options Show Bigger Hedge, Ether Gains
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Smart money is hedging bitcoin more aggressively than ether in the options market, with bitcoins premium being steeper. Ether, however, is showing resilience, gaining five percent in the last 24 hours and potentially shaking off its underperformance against bitcoin. Bitcoin ETFs saw significant inflows, and traditional markets remained risk-on. Analysts anticipate a bitcoin breakout above its fifty-day moving average could drive momentum, with todays ADP jobs data and ISM manufacturing numbers to watch.
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