Bitcoin, Ether Could Witness Upside Volatility as $15B Options Expiry Looms
Dealer hedging could breed volatility at around $70,000, one observer said.
Dealer hedging could breed volatility at around $70,000, one observer said.
The Ethereum network’s revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.
The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to intoTheBlock.