Bitcoin News
By Dan Saada
1 / 11
Increased Demand for Downside Protection. Traders have been hedging against potential downside risks by seeking downside protection through…
2 / 11
The Volatility Smile and Delta Skew. Glassnode further tracked this trend using the Volatility Smile and the Options Delta 25 Skew…
3 / 11
Long-Term Holders Remain Calm. Despite the increased caution in the options market, long-term Bitcoin holders appear relatively…
4 / 11
Bitcoin’s Current Price Action. As of now, Bitcoin is trading at $84,068, reflecting a 2% drop over the past 24 hours.
5 / 11
Bitcoin’s recent volatility has left investors scrambling for downside protection amid ongoing market uncertainty.
6 / 11
Traders have been hedging against potential downside risks by seeking downside protection through options contracts, particularly put options.
7 / 11
Market analytics firm Glassnode highlighted this shift in sentiment, noting a marked increase in the implied volatility premium for put options.
8 / 11
Additionally, the Delta Skew, which measures the difference in implied volatility for puts and calls with the same delta, shows that put premiums have increased significantly…
9 / 11
The spending rate among long-term holders remains notably low, suggesting that these investors are either confident in Bitcoin’s ability to recover or are patiently waiting for…
10 / 11
As of now, Bitcoin is trading at $84,068, reflecting a 2% drop over the past 24 hours. The 23% decline from its all-time high has contributed to a slowdown in capital inflows and…
11 / 11
In conclusion, while Bitcoin’s price volatility has created a sense of unease among short-term traders, long-term holders remain largely unaffected, highlighting a potential…
The Currency Analytics
Want the full story?