Bitcoin is demonstrating stronger bullish momentum compared to Ethereum as a $4 billion options expiry approaches. Analysts highlight increased trading volume and decreased exchange holdings for Bitcoin, indicating robust buying interest and diminished selling pressure. In contrast, Ethereum's market participants remain cautious, influenced by its transition to Ethereum 2.0 and persistent network congestion. The upcoming options expiry is anticipated to introduce volatility, with Bitcoin likely experiencing more significant price movements.
Bitcoin Outpaces Ethereum in Bullish Momentum Before $4B Options Expiry
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