Bybit, in collaboration with Block Scholes, released a new analytical report highlighting macro trends and market sentiment in the digital asset landscape over the past week.
Market Stabilization and Protection Drop
The report highlights the stabilization of global prices and a high correlation between cryptocurrencies and U.S. equities. Bitcoin continues to trade above $85,000, and Ethereum has reclaimed the $2,000 level. However, derivatives market activity remains low.
Decline in Ethereum Volatility
The decline in ETH volatility reversed the implied volatility structure, indicating lowered future volatility expectations. This also influenced the demand for call options, now exceeding that for put options, potentially signaling growing investor optimism.
Introduction to Bybit and Block Scholes
Bybit, the world's second-largest cryptocurrency exchange by trading volume, is actively working on developing Web3 technologies and partnerships with blockchain protocols. Block Scholes actively collaborates with Bybit, providing analytical data for deeper market assessment.
The Bybit and Block Scholes report continues to provide valuable insights for traders and investors, highlighting current trends in the cryptocurrency market.
