In an unexpected development, Ethereum (ETH) has undergone a rapid upswing, breaching the $2,400 threshold and attaining a new peak for the year. Against the backdrop of heightened volatility in the cryptocurrency market in recent weeks, ETH has led a vigorous rally, propelling major implied volatilities (IVs) to their highest levels of the year. Remarkably, […]
On October 23, Bitcoin (BTC) surprised market participants by surging above the resistance zone, ranging from $31,000 to $32,400. Usually, the price tends to stabilize or show reluctance when it reaches strong resistance levels, but this time, the situation was different. Market participants are optimistic, expecting a Bitcoin spot exchange-traded fund (ETF) to get approved […]