Crypto moved on several fronts. Ethereum realized vol moved from +69.8% to +49.3%, 4.1 times its normal pace. Bitcoin-dollar co-movement went from -0.49 to -0.38.
4.1× its usual move
Ethereum realized vol moved from +69.8% to +49.3%, 4.1 times its normal pace. The Ethereum ETF realized vol moved from +55.2% to +56.1%.
3.4× its usual move
Bitcoin-dollar co-movement went from -0.49 to -0.38, its biggest move since August 19. Bitcoin-gold co-movement went from +0.64 to +0.59.
2.3× its usual move
The Bitcoin ETF eased to +18.7% on the month (from +22.0%). Bitcoin moved from +21.7% to +10.9%.
Quiet (0.3×)
Stablecoin supply went from 310 to 309.
No fresh reading in this group. Bitcoin active-address growth moved from -4.9% to +19.7%.
Descriptive research, not investment advice