Recent data shows that Bitcoin's 30-day historical volatility has risen significantly, surpassing Ether's volatility by a noticeable margin. This shift is attributed to the positive response to spot Bitcoin ETFs and the upcoming halving of Bitcoin, indicating a shift in cryptocurrency volatility.

Spot Bitcoin ETFs Influence and Halving Implications

The approval of spot Bitcoin ETFs by the SEC has driven attention towards Bitcoin, leading to increased volatility. Conversely, the lack of approval for an Ether ETF has contributed to a calmer Ether market environment. Additionally, the upcoming Bitcoin halving, which will halve miner rewards, is also impacting Bitcoin's volatility.

Market Trends and Expectations Surrounding Halving

Historically, Bitcoin halving events have resulted in substantial price increases, with Bitcoin already surpassing previous highs ahead of the upcoming halving. This pre-halving surge suggests potential market adjustments following the event. Options market data also indicate market expectations surrounding the halving, with noticeable changes in implied volatility.

In Closing

With Bitcoin's volatility now exceeding that of Ether, market observers are carefully monitoring the effects of spot Bitcoin ETFs and the approaching halving on Bitcoin's price trends. Given past trends post-halving, the current market conditions present an intriguing narrative for Bitcoin's future trajectory.

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