Market Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2K
Bitcoin experienced a dip on Wednesday, but equities and other assets also dropped on an uncertain economic outlook.
Options market data suggests bitcoin could become more volatile than ether over the next three months.
Decentralized options marketplace Opyn has launched put options on COMP that will provide a safety net of sorts should COMP’s fortunes take a turn for the worse.
Bitcoin volatility drops to historic lows as the cryptocurrency stays just above $9,000.
After a quick dip in the crypto market, bitcoin is holding steady amid precariousness in the options market and the greater economic picture.
Surging open interest on bitcoin futures and options contracts might well be a sign that a breakout could be imminent.