Bitcoin Shows Bullish Trend Over Ether After Trump’s Speech
- BTC call options traded at higher prices than ETH calls across time frames.
- BTC risk reversals showed a four to five volatility points premium over puts.
- ETH calls had a lesser volatility premium compared to BTC.
- The ether-bitcoin ratio reached a three-year low of 0.03 this week.
- Polymarket traders see a 38% chance of Trump announcing a BTC reserve in his first 100 days, down from nearly 50%.
The data indicates a bullish sentiment for bitcoin relative to ether, with BTC call options trading at a significant premium. The ether-bitcoin ratio’s decline highlights the market’s preference for bitcoin despite no mention of crypto in recent political speeches.
Source (2.6)https://www.coindesk.com/markets/2025/01/21/crypto-options-signal-more-losses-for-ether-bitcoin-ratio-after-trump-skips-btc-mention-in-inaugural-speech?rand=52298
