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Increase in ETH-BTC Ratio Fails to Inspire Bullish Crypto Market Positioning in Ether Options

August 23, 2023
in Bitcoin
Reading Time: 1 min read
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“BTC continues to be ‘the’ macro asset for the crypto market and will additionally see some robust inflows because the macro surroundings shifts,” Noelle Acheson, creator of the favored Crypto Is Macro Now e-newsletter, mentioned. “Many giant traders will proceed to choose BTC publicity for its liquidity, market cap, and relative stability. So, we may see some ETH outperformance on the ETF narrative, however BTC may once more outperform as soon as macro investor funds begin to take crypto positions.”

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Tags: bullishCryptoETHBTCEtherFailsIncreaseInspiremarketOptionsPositioningratio
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