A Rare Shift in Crypto Volatility Offers Ether a Boost Relative to Bitcoin

Volatility gauges suggest traders expect smaller near-term swings in Ether compared with Bitcoin, a reversal of the usual pattern for the two largest digital assets in the cryptocurrency sector.

The T3 Ether Volatility Index, a measure of implied 30-day swings in the token, trails a similar gauge for Bitcoin by around the most since at least 2021. Typically the Ether index tops the one for Bitcoin.