Activity in bitcoin’s options market shows investors are eyeing more gains for the top cryptocurrency, which is now just 2.8% below a record high.
Bitcoin‘s one-month implied volatility, which is influenced by demand for call (bullish) and put (bearish) options, has risen to 81%, the highest level since May, having begun the month at 58%, according to data source Skew.
The major part of the move (from 60% to 81%) occurred over the past five days. The three-and six-month implied…
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