Bybit X Block Scholes Report: US government shutdown has limited impact on crypto but options market remains cautious

BitcoinWorld Bybit X Block Scholes Report: US government shutdown has limited impact on crypto but options market remains cautious Bybit , the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Bybit x Block Scholes Crypto Derivatives Analytics Report in collaboration with Block ￰0￱ latest edition highlights limited impact of the ongoing US government shutdown on digital assets, renewed caution in the options market, and growing momentum for privacy tokens such as Zcash (ZEC). Key Highlights Limited Impact from ￰1￱ : Bitcoin and Ethereum quickly rebounded from late-September liquidations, with BTC trading above $118K and ETH at $4,400.

Options Market Cautious : BTC and ETH volatility remains suppressed, but options pricing continues to favor puts, reflecting defensive ￰2￱ Tokens Outperform : Zcash (ZEC) nearly doubled, fueled by new integrations and rising concerns over global ￰3￱ report notes that despite macroeconomic uncertainty, crypto assets have shown resilience in spot ￰4￱ September’s liquidation-driven correction, Bitcoin and Ethereum both staged recoveries, supported by stabilized trading flows. Bitcoin’s implied volatility collapsed to levels not seen since mid-2023, reflecting subdued realized volatility. However, options markets remain defensive, with long-dated tenors continuing to price in downside risk through put-skewed volatility ￰5￱ options also reveal a risk-averse ￰6￱ surged during ETH’s September dip, with positioning heavily favoring ￰7￱ ETF outflows further underlined market caution, while implied volatility continued to trend lower throughout the month.

Privacy-focused assets, particularly Zcash, stood out ￰8￱ nearly doubled in value, bolstered by the launch of Zashi CrossPay, its integration with THORSwap, and heightened global debate over digital ￰9￱ strong performance outpaced other leading privacy ￰10￱ full analysis is available in the Bybit x Block Scholes Crypto Derivatives Analytics Report . #Bybit / #TheCryptoArk /#BybitResearch / #BybitLearn About Bybit Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million ￰11￱ in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for ￰12￱ a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain ￰13￱ for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of ￰14￱ the future of decentralized finance at ￰15￱ more details about Bybit, please visit Bybit Press For media inquiries, please contact: media@bybit.

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