Bitcoin options open interest extends dominance over futures, damping BTC volatility
Bitcoin options open interest has surpassed that of futures contracts, indicating a shift in market dynamics and potentially leading to reduced volatility for BTC. This trend suggests that traders are increasingly favoring options for hedging and speculation rather than traditional futures. The growing dominance of options may contribute to a more stable price environment for Bitcoin as market participants adjust their strategies. Analysts believe this shift could influence future price movements and overall market sentiment.
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