The 30-day historical volatility gap between Bitcoin and Ethereum reaches the highest level in a year

According to CoinDesk, data tracked by Kaiko shows that the annualized 30-day historical volatility gap between Bitcoin and Ethereum has widened to its highest level in at least a year. Spot ETF inflows and the impending halving of the Bitcoin blockchain appear to be exacerbating BTC volatility. As the leading cryptocurrency by market capitalization and trading volume, Bitcoin (BTC) should be relatively stable relative to other digital assets, protecting traders’ portfolios from wild swings in the broader market. However, Bitcoin has been more volatile than Ethereum (ETH) recently. Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% last weekend, almost 10 percentage points higher than Ethereum’s 30-day realized volatility. That's the highest gap in at least a year, according to data tracked by Kaiko Paris.