Ethereum options (OI) saw 32% more value than BTC- Here’ why

Ethereum [ETH] options (OI) saw 32% more value than BTC- Here' why

. The much-anticipated Merge would lead to a reduction in ETH issuance and bring a store of value appeal to the asset.Interestingly, ETH has achieved a lot of popularity which could be seen in the insights above. Investors/traders have been placing bullish bets on ETH. Does that mean ETH is going to dethrone the king coin?

Well, only time would tell. However, remember the sheer difference in market capitalization. At press time, Ether’s market cap stood at $199 billion. It is still half the size of Bitcoin, whose market cap stood at $443 billion at press time.Subscribe to get it daily in your inbox.

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CryptoAmb /  🏆 22. in CA

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