Bitcoin traders like their options. Bitcoin traders like their options because they allow them to make bets on the direction of the

Key Highlights :

1. Bitcoin options and futures have spiked in recent months as investors fear global banking.

2. The spike in open interest indicates that investors are bullish about the spot price of bitcoin.

3. Ether is also being traded heavily, with traders betting on its prices going up.

4. The macro environment for bitcoin and other digital assets is turning more favorable, with the Federal Reserve's recent liquidity injections to the banking sector.

5. Bitcoin volatility is hovering around 66, below a peak of 96 hit during March's banking turmoil but still higher than where it started 2023.

6. Ether is still being traded heavily, with traders betting on its prices going up.

7. The macro environment for bitcoin and other digital assets is turning more favorable, with the Federal Reserve's recent liquidity injections to the banking sector.

     Bitcoin options and futures have seen a surge in interest over the past month as investors become increasingly fearful of global banking. On March 23, Deribit recorded an all-time high of 433,540 contracts.

     This trend is likely due to a number of factors, including the recent financial crisis in Turkey and the Brexit vote in the United Kingdom. Some believe that this volatility is a sign of a more widespread crisis looming, and that the cryptocurrency market is simply reflecting this fear.

     Regardless of the reason, options and futures are an interesting way to invest in bitcoin. They provide investors with a way to bet on the price of bitcoin, and they also allow them to profit from the price fluctuations.

     If you're interested in investing in bitcoin options and futures, be sure to do your research. There are a number of different exchanges available, and each has its own set of rules and regulations.

Continue Reading at Source : economictimes_indiatimes