A recent report from Bybit and Block Scholes shows that while Bitcoin’s price has rebounded, derivatives markets remain defensive.
Bybit has published its latest Crypto Derivatives Analytics report in collaboration with Block Scholes, examining volatility, positioning and sentiment in Bitcoin and Ethereum derivatives markets. According to the report, Bitcoin fell briefly to around US$62,000 before rebounding towards US$68,000. While spot prices have recovered much of the decline, derivatives data suggests traders remain cautious. Realised volatility rose sharply after a period of low volatility. During the sell off, optio