![Ether Options Market Shows Bias for Price Weakness Over 3 Months — CoinDesk Ether Options Market Shows Bias for Price Weakness Over 3 Months — CoinDesk](https://www.coindesk.com/resizer/d69x10HgN0MAe0_0VkptCwl1T0Q=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MVO6AOD7IVEZ7MITO4IJFU7CGI.jpg)
![Ether Options Market Shows Bias for Price Weakness Over 3 Months — CoinDesk Ether Options Market Shows Bias for Price Weakness Over 3 Months — CoinDesk](https://www.coindesk.com/resizer/d69x10HgN0MAe0_0VkptCwl1T0Q=/1200x628/cloudfront-us-east-1.images.arcpublishing.com/coindesk/MVO6AOD7IVEZ7MITO4IJFU7CGI.jpg)
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Sentiment has soured, with ether falling 8% to $3,070 in the past 24 hours amid broad-based risk aversion in crypto and traditional markets. Bitcoin, the largest cryptocurrency by market value, is also nursing an 8% loss. Other alternative cryptocurrencies trading in the red today include the native tokens of Cardano, Solana and Polkadot, which are around 10% down.
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