{"id":14522,"date":"2024-12-06T23:14:13","date_gmt":"2024-12-06T16:14:13","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=14522"},"modified":"2024-12-06T23:14:13","modified_gmt":"2024-12-06T16:14:13","slug":"bitcoin-breaks-100k-amid-market-volatility-november-option-volatility-report-by-bybit-and-block-scholes","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=14522","title":{"rendered":"Bitcoin Breaks $100K Amid Market Volatility: November Option Volatility Report by Bybit and Block Scholes"},"content":{"rendered":"<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2267288\/Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBAI<\/span>, UAE<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 6, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit<\/a><\/u>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, unveils its <u><a href=\"https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/\" target=\"_blank\" rel=\"nofollow\">November Option Volatility Report<\/a><\/u>, spotlighting Bitcoin(BTC)&#8217;s remarkable milestone of surpassing <span class=\"xn-money\">$100K<\/span>. This detailed analysis delves into key market dynamics and option volatility trends, offering insights to guide traders through the evolving crypto landscape.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<div class=\"wcag-arialevel-4\" role=\"heading\">   <b>Bitcoin&#8217;s Volatility on the Path to <span class=\"xn-money\">$100K<\/span><\/b>  <\/div>\n<p>Bitcoin&#8217;s journey to <span class=\"xn-money\">$100K<\/span> has been fueled by surging demand for call options and strong bullish sentiment, particularly leading up to the U.S. presidential election on <span class=\"xn-chron\">November 5<\/span>.<\/p>\n<ul type=\"disc\">\n<li><b>Implied Volatility Surge<\/b>: Short-term implied volatility spiked 25 percentage points higher than post-election expirations, signaling traders&#8217; anticipation of significant price movements tied to electoral outcomes.<\/li>\n<li><b>Call\/Put Skew Dynamics<\/b>: Elevated demand for bullish call options underpins the market&#8217;s optimism. Despite a temporary retracement to <span class=\"xn-money\">$91.3K<\/span>, futures markets reflected persistent bullishness, affirming confidence in BTC&#8217;s resilience.<\/li>\n<\/ul>\n<div class=\"wcag-arialevel-4\" role=\"heading\">   <b>Ethereum Outshines Bitcoin Post-Election<\/b>  <\/div>\n<p>Ethereum (ETH) continues to gain traction, bolstered by pivotal market events, including the resignation of SEC Chair <span class=\"xn-person\">Gary Gensler<\/span>.<\/p>\n<ul type=\"disc\">\n<li><b>ETH&#8217;s Momentum<\/b>: Traders are increasingly favoring ETH, as evidenced by a declining BTC-to-ETH spot price ratio and rising demand for ETH options.<\/li>\n<li><b>Implied Volatility Premium<\/b>: ETH&#8217;s options market demonstrates robust bullish sentiment, with a stronger skew towards calls compared to Bitcoin.<\/li>\n<\/ul>\n<div class=\"wcag-arialevel-3\" role=\"heading\">   Insights from the Report  <\/div>\n<p>The report captures the nuanced interplay of volatility, trader sentiment, and macroeconomic factors shaping the crypto market&#8217;s future. Key takeaways include:<\/p>\n<ol type=\"1\">\n<li>The sustained bullish outlook for Bitcoin despite short-term volatility adjustments.<\/li>\n<li>Ethereum&#8217;s growing dominance and potential to outperform Bitcoin in the near term.<\/li>\n<li>The significant influence of political and regulatory developments on crypto market dynamics.<\/li>\n<\/ol>\n<p>Commenting on Bitcoin&#8217;s milestone achievement of <span class=\"xn-money\">$100K<\/span>, <b>Shunyet Jan, Head of Institution at Bybit<\/b>, emphasized the pivotal role of recent political developments in driving the surge.<\/p>\n<p>&#8220;The recent rally can largely be attributed to Trump&#8217;s pick of <span class=\"xn-person\">Paul Atkins<\/span>, a former SEC Chair and a vocal crypto supporter. This announcement has significantly bolstered institutional confidence in the crypto space,&#8221; said Jan.<\/p>\n<p>Jan further highlighted the shift in sentiment among traditionally crypto-cautious institutions:<\/p>\n<p>&#8220;Many institutions that were previously hesitant about crypto have now reached out to explore opportunities. They are actively engaging with us to onboard and propose various custodial solutions. This marks a transformative moment in the institutional adoption of cryptocurrency, with Bitcoin&#8217;s <span class=\"xn-money\">$100K<\/span> milestone serving as a critical inflection point.&#8221;<\/p>\n<p><b>Access the Full Report:<\/b><\/p>\n<p>Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: <u><a href=\"https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/<\/a><\/u><\/p>\n<p>#Bybit \/#BybitResearch #BTC100K<\/p>\n<p><b>About Bybit<\/b><\/p>\n<p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One&#8217;s reigning Constructors&#8217; and Drivers&#8217; champions: the Oracle Red Bull Racing team.<\/p>\n<p>For more details about Bybit, please visit <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit Press<\/a><br \/><\/u>For media inquiries, please contact:\u00a0<u><a href=\"mailto:media@bybit.com\" target=\"_blank\" rel=\"nofollow\">media@bybit.com<\/a><br \/><\/u>For more information, please visit: <u><a href=\"https:\/\/www.bybit.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.bybit.com<\/a><br \/><\/u>For updates, please follow:\u00a0<u><a href=\"https:\/\/www.bybit.com\/en-us\/promo\/global\/communities\/\" target=\"_blank\" rel=\"nofollow\">Bybit&#8217;s Communities and Social Media<\/a><\/u><\/p>\n<p><a href=\"https:\/\/discord.gg\/bybit\" target=\"_blank\" rel=\"nofollow\">Discord<\/a> | <a href=\"https:\/\/www.facebook.com\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a> | <a href=\"https:\/\/www.instagram.com\/bybit_official\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a> | <a href=\"https:\/\/www.linkedin.com\/company\/bybitexchange\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a> | <a href=\"https:\/\/www.reddit.com\/r\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Reddit<\/a> | <a href=\"https:\/\/t.me\/s\/Bybit_Announcements\" target=\"_blank\" rel=\"nofollow\">Telegram<\/a> | <a href=\"https:\/\/www.tiktok.com\/@bybit_official?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a> | <a href=\"https:\/\/twitter.com\/Bybit_Official\" target=\"_blank\" rel=\"nofollow\">X<\/a> | <a href=\"https:\/\/www.youtube.com\/c\/bybit\" target=\"_blank\" rel=\"nofollow\">Youtube<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<table border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2267288\/Logo.jpg?p=medium600\" border=\"0\" alt=\"\" title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\" \/><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBAI<\/span>, UAE<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Dec. 6, 2024<\/span><\/span> \/PRNewswire\/ &#8212; <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit<\/a><\/u>, the world&#8217;s second-largest cryptocurrency exchange by trading volume, in partnership with Block Scholes, unveils its <u><a href=\"https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/\" target=\"_blank\" rel=\"nofollow\">November Option Volatility Report<\/a><\/u>, spotlighting Bitcoin(BTC)&#8217;s remarkable milestone of surpassing <span class=\"xn-money\">$100K<\/span>. This detailed analysis delves into key market dynamics and option volatility trends, offering insights to guide traders through the evolving crypto landscape.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<div class=\"wcag-arialevel-4\" role=\"heading\">   <b>Bitcoin&#8217;s Volatility on the Path to <span class=\"xn-money\">$100K<\/span><\/b>  <\/div>\n<p>Bitcoin&#8217;s journey to <span class=\"xn-money\">$100K<\/span> has been fueled by surging demand for call options and strong bullish sentiment, particularly leading up to the U.S. presidential election on <span class=\"xn-chron\">November 5<\/span>.<\/p>\n<ul type=\"disc\">\n<li><b>Implied Volatility Surge<\/b>: Short-term implied volatility spiked 25 percentage points higher than post-election expirations, signaling traders&#8217; anticipation of significant price movements tied to electoral outcomes.<\/li>\n<li><b>Call\/Put Skew Dynamics<\/b>: Elevated demand for bullish call options underpins the market&#8217;s optimism. Despite a temporary retracement to <span class=\"xn-money\">$91.3K<\/span>, futures markets reflected persistent bullishness, affirming confidence in BTC&#8217;s resilience.<\/li>\n<\/ul>\n<div class=\"wcag-arialevel-4\" role=\"heading\">   <b>Ethereum Outshines Bitcoin Post-Election<\/b>  <\/div>\n<p>Ethereum (ETH) continues to gain traction, bolstered by pivotal market events, including the resignation of SEC Chair <span class=\"xn-person\">Gary Gensler<\/span>.<\/p>\n<ul type=\"disc\">\n<li><b>ETH&#8217;s Momentum<\/b>: Traders are increasingly favoring ETH, as evidenced by a declining BTC-to-ETH spot price ratio and rising demand for ETH options.<\/li>\n<li><b>Implied Volatility Premium<\/b>: ETH&#8217;s options market demonstrates robust bullish sentiment, with a stronger skew towards calls compared to Bitcoin.<\/li>\n<\/ul>\n<div class=\"wcag-arialevel-3\" role=\"heading\">   Insights from the Report  <\/div>\n<p>The report captures the nuanced interplay of volatility, trader sentiment, and macroeconomic factors shaping the crypto market&#8217;s future. Key takeaways include:<\/p>\n<ol type=\"1\">\n<li>The sustained bullish outlook for Bitcoin despite short-term volatility adjustments.<\/li>\n<li>Ethereum&#8217;s growing dominance and potential to outperform Bitcoin in the near term.<\/li>\n<li>The significant influence of political and regulatory developments on crypto market dynamics.<\/li>\n<\/ol>\n<p>Commenting on Bitcoin&#8217;s milestone achievement of <span class=\"xn-money\">$100K<\/span>, <b>Shunyet Jan, Head of Institution at Bybit<\/b>, emphasized the pivotal role of recent political developments in driving the surge.<\/p>\n<p>&#8220;The recent rally can largely be attributed to Trump&#8217;s pick of <span class=\"xn-person\">Paul Atkins<\/span>, a former SEC Chair and a vocal crypto supporter. This announcement has significantly bolstered institutional confidence in the crypto space,&#8221; said Jan.<\/p>\n<p>Jan further highlighted the shift in sentiment among traditionally crypto-cautious institutions:<\/p>\n<p>&#8220;Many institutions that were previously hesitant about crypto have now reached out to explore opportunities. They are actively engaging with us to onboard and propose various custodial solutions. This marks a transformative moment in the institutional adoption of cryptocurrency, with Bitcoin&#8217;s <span class=\"xn-money\">$100K<\/span> milestone serving as a critical inflection point.&#8221;<\/p>\n<p><b>Access the Full Report:<\/b><\/p>\n<p>Gain deeper insights and explore the potential impacts on your crypto trading strategies by downloading the full report here: <u><a href=\"https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/learn.bybit.com\/crypto-insight\/november-option-volatility-report\/<\/a><\/u><\/p>\n<p>#Bybit \/#BybitResearch #BTC100K<\/p>\n<p><b>About Bybit<\/b><\/p>\n<p>Bybit is the world&#8217;s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24\/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One&#8217;s reigning Constructors&#8217; and Drivers&#8217; champions: the Oracle Red Bull Racing team.<\/p>\n<p>For more details about Bybit, please visit <u><a href=\"https:\/\/www.bybit.com\/en\/press\" target=\"_blank\" rel=\"nofollow\">Bybit Press<\/a><br \/><\/u>For media inquiries, please contact:\u00a0<u><a href=\"mailto:media@bybit.com\" target=\"_blank\" rel=\"nofollow\">media@bybit.com<\/a><br \/><\/u>For more information, please visit: <u><a href=\"https:\/\/www.bybit.com\/\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.bybit.com<\/a><br \/><\/u>For updates, please follow:\u00a0<u><a href=\"https:\/\/www.bybit.com\/en-us\/promo\/global\/communities\/\" target=\"_blank\" rel=\"nofollow\">Bybit&#8217;s Communities and Social Media<\/a><\/u><\/p>\n<p><a href=\"https:\/\/discord.gg\/bybit\" target=\"_blank\" rel=\"nofollow\">Discord<\/a> | <a href=\"https:\/\/www.facebook.com\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Facebook<\/a> | <a href=\"https:\/\/www.instagram.com\/bybit_official\/?hl=en\" target=\"_blank\" rel=\"nofollow\">Instagram<\/a> | <a href=\"https:\/\/www.linkedin.com\/company\/bybitexchange\/\" target=\"_blank\" rel=\"nofollow\">LinkedIn<\/a> | <a href=\"https:\/\/www.reddit.com\/r\/Bybit\/\" target=\"_blank\" rel=\"nofollow\">Reddit<\/a> | <a href=\"https:\/\/t.me\/s\/Bybit_Announcements\" target=\"_blank\" rel=\"nofollow\">Telegram<\/a> | <a href=\"https:\/\/www.tiktok.com\/@bybit_official?lang=en\" target=\"_blank\" rel=\"nofollow\">TikTok<\/a> | <a href=\"https:\/\/twitter.com\/Bybit_Official\" target=\"_blank\" rel=\"nofollow\">X<\/a> | <a href=\"https:\/\/www.youtube.com\/c\/bybit\" target=\"_blank\" rel=\"nofollow\">Youtube<\/a><\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-14522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/14522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14522"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/14522\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}