CandleFocus Ethereum Price Surges Among Top Crypto Gainers as SEC Chair Gary Gensler Departs
2024-11-28
Author: Content Editor
According to a weekly derivatives analytics report released by Bybit and Blocks Scholes, Ethereum (ETH) has surpassed Bitcoin (BTC) in key trading metrics. Ethereum is among the top gainers in the crypto market, attributed to news of US SEC Chair Gary Gensler's upcoming departure and the anticipation of a more crypto-friendly SEC Chair in the future. ETH has outperformed BTC in open interest and has captured a larger share of daily trading volumes over the past six months. Despite a decline in BTC's price, ETH shows more bullish sentiment in options trading.
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