Bitcoin Options Market Reflects Growing Demand for Downside Protection: What It Means for Investors
Recently, Bitcoin’s options markets have shifted notably, with investor sentiment moving distinctly in the direction of something un-Bitcoin-like: wanting to buy a little more insurance against the possibility of price declines. This tide shift is expressed in the way the Volatility Smile—imagine it as a sort of hill or ridge—now favors puts over calls, which … Read more