Bybit and Block Scholes Report points to early signs of crypto market recovery

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has published its latest Crypto Derivatives Analytics Report in partnership with Block Scholes, signaling early signs of stabilization in digital asset markets after a volatile start to December. The report analyzes derivatives data and trading behavior following the sharp selloff on December 1, which was triggered by hawkish comments from the Bank of Japan.  Despite renewed optimism after Vanguard opened crypto exchange traded fund (ETF) trading, traders remain cautious as major cryptocurrencies continue to trade below their record highs. “Cryptocurrencies have been buffeted by multiple crosswinds, from shifting expectations surrounding major central bank policies, to mounting concerns over the viability of DATs,” said Han Tan, Chief Market Analyst, Bybit Learn source: https://finbold.com/bybit-and-block-scholes-report-points-to-early-signs-of-crypto-market-recovery/