Bitcoin Options Market Reacts To $100k Price Crash – Here’s What’s Happening
Bearish sentiments continue to dominate the Bitcoin market as the leading cryptocurrency registered a decisive price break below the $100,000 psychological support zone. Following this highly volatile display, blockchain analytics firm Glassnode has noted the reaction of the BTC options market. Related Reading: Bitcoin Lags Behind Gold And Traditional Assets In 2025: BTC YTD Gains […]
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After surging past key price levels, XRP, one of the leading cryptocurrency assets by market cap, is now entering the market spotlight. A lot of new data is starting to show that this sudden move is not by coincidence, pointing to growing strength underneath the surface. Behind The XRP’s Price Breakout Above $1.50 With the […]
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With the Bitcoin price falling below $110,000 and the crash continuing to deepen, some revelations have surfaced about why this is happening at this time. Fingers had initially pointed to the bearish macro headwinds as the crypto market got caught in the crosshairs. However, on-chain data shows that it may be much simpler than that, […]
Cryptocurrency derivatives markets have been seeing significant demand, as daily volumes for bitcoin options crossed $1 billion on December 17, 2020. Most of the record turnover has been taking place on the derivatives platform Deribit, and a large $100k strike has been introduced on the exchange for September 2021. While bitcoin (BTC) spot markets touched an all-time high (ATH) this year at $23,777 per coin, derivatives markets have been seeing lots of action as well. On Thursday, December 17, 2020, researchers from skew.com tweeted about the record BTC options volumes crossing $1....