Market Wrap: Bitcoin Makes Headway to $10.3K; Ether Volatility Highest Since May

Bitcoin is eking out gains Wednesday while ether’s volatility is up on DeFi drama. Bitcoin volumes on major spot exchanges the past month.Source: Skew John Willock, CEO of digital-asset liquidity firm Tritium, says the ebb and flow in the bitcoin market is simply natural.

Ether volatility up Ether (ETH), the second-largest cryptocurrency by market capitalization, was up Wednesday, trading around $357 and climbing 6% in 24 hours as of 20:00 UTC (4:00 p.m. ET). Realized volatility for ETH/USD the past six months.Source: Skew It is clear that ether is more volatile than bitcoin, which, at 57% one-month realized annualized volatility Wednesday, is at a level consistent with its August volatility numbers.

Timeline of Bitcoin, Ethereum, Ultracoin