最新报道:According to Bybit's monthly report, Ethereum's price surged 58% from $2,400 to nearly $4,000 in July 2025, pushing the ETH/BTC at-the-money implied volatility ratio from 1.63 to 2.2. Despite Bitcoin hitting a record high of $123,000, its volatility continued to decline, with 30-day at-the-money implied volatility remaining at a historical low. This suggests that market expectations for BTC's volatile price swings have significantly decreased, while ETH, with its higher volatility and speculative nature, has attracted more investor attention. The report predicts that as ETH's performance slows, the ETH/BTC volatility ratio may gradually return to a normal level.