Bitcoin Surpasses $100,000 Amid Market Volatility: Bybit and Block Scholes’ November Options Volatility Report

By Crypto Gloom On Dec 8, 2024

dubaiUAE, December 6, 2024 /CNW/ — bybitsecond largest in the world cryptocurrency Exchanges by volume are published in collaboration with Block Scholes. November Options Volatility Reportspotlight Bitcoin(BTC) has surpassed an incredible milestone. $100,000. This detailed analysis examines key market dynamics and options volatility trends, providing insights to guide traders through the evolving situation. cryptocurrency sight.

Bybit logo (PRNewsPhoto/Bybit)

BitcoinThe volatility of is heading towards: $100,000

Bitcoins journey $100,000 A surge in demand for call options has fueled strong optimism, especially ahead of the 2019 US presidential election. November 5th.

Implied volatility surges: Short-term implied volatility was 25 percentage points higher than expiration after the election, indicating traders’ expectations of significant price movements related to the election outcome.
Call/Put Skew Dynamics: Increasing demand for bullish call options supports market optimism. Despite temporary regression $91.3KFutures markets reflected continued strength, confirming confidence in BTC’s resilience.

Ethereum kindle Bitcoin After the election

Ethereum (ETH) continues to gain traction due to significant market events, including the resignation of the SEC Chairman. Gary Gensler.

ETHmomentum of: It is increasingly preferred by traders. ETHBTC Vs – Proven by DecreaseETH Spot price ratio and demand increase ETH Options.
Implied Volatility Premium: ETHThe options market shows strong bullish sentiment, Bitcoin.

Insights from the report

This report captures the subtle interplay of volatility, trader sentiment, and macroeconomic factors. cryptocurrency The future of the market. Key takeaways include:

Continued strong outlook Bitcoin Despite short-term volatility adjustments.
Ethereum‘s growing dominance and potential to perform even better. Bitcoin In the near future.
Political and regulatory developments will have a significant impact on: cryptocurrency Market dynamics.

Comment on BitcoinAchieving the milestone of $100,000, Bybit Director Shunyet JanIt highlighted the pivotal role of recent political developments in driving the surge.

“The recent rallies can largely be attributed to Trump’s choices. Paul AtkinsFormer SEC Chairman and vocalist cryptocurrency supporter. This announcement significantly strengthens trust in the institution. cryptocurrency “Space.” Jan said.

Jan traditionally placed more emphasis on emotional changes among people. cryptocurrency-Discreet Authority:

“Many institutions that previously hesitated cryptocurrency Now I’m reaching out to explore opportunities. They are actively working with us to onboard and suggest various management solutions. This marks a transformative moment in institutional adoption. cryptocurrencywith Bitcoin‘S $100,000 “It is a milestone that serves as an important inflection point.”

Access the full report:

Gain deeper insight and explore the potential implications for you. cryptocurrency Download the full report here to discover our trading strategy: https://learn.bybit.com/cryptocurrency-Insight/November Options-Volatility-Report/

#Bybit /#Bybit Research #BTC100K

Introduction to Bybit

Bybit is the second largest company in the world. cryptocurrency It serves over 50 million users as a volume-driven exchange. Founded in 2018, Bybit provides a professional platform. cryptocurrency Investors and traders will find a lightning-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of the Oracle Red Bull Racing team, Formula One’s constructor and driver champion.

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