Bitcoin (BTC) $107,955.4 with Ethereum (ETH) 
$3,363.8 The difference between has reached a significant threshold in the cryptocurrency market. Deribit Options listed on the exchange show that optimism on Bitcoin is more sustained than on Ethereum. amberdata According to risk reversals tracked by Bitcoin, Bitcoin has a higher price premium over Ethereum across all time frames.
Bitcoin vs Ethereum Options
Risk reversals measure the implied volatility difference in the price of call options relative to put options. A positive value indicates optimism in the market. In the case of Bitcoin, call options are traded at a premium of 4-5 volatility points compared to put options. EthereumIn , this difference is lower.
This resulting table ETH/BTC It makes the decline in transaction parity even more evident. As you know, earlier this week, the transaction parity fell to 0.03, the lowest level in the last three years. This decline shows that Bitcoin maintains its market leadership and investor interest is concentrated in this direction.
Trump Speech and Investor Expectations
47th US President Donald TrumpContrary to expectations, he did not mention Bitcoin or the strategic Bitcoin reserve in his inaugural speech on Monday. Although there had been speculations in this direction before, this silence reduced investors’ expectations.
A report published following Trump’s inauguration revealed that the Republican Party’s congressional priorities include Bitcoin or cryptocurrency marketThere was no emphasis on . This development means that investors on decentralized betting platforms such as Polymarket will have a chance in the next 100 days. strategic Bitcoin reserve It reduced expectations regarding the possibility of its announcement from 50 percent to 38 percent.
In general, it is observed that Bitcoin strengthens its position in the market. Widening the gap with Ethereum will shape investors’ risk tolerance and expectations for the future of the cryptocurrency market, excluding Bitcoin.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
