Is Bitcoin now a $57B volatility trade – or just the start?

Behind every rally and every crash lies an invisible engine: options dealers rebalancing billions in Bitcoin exposure. As open interest pushes past $57 billion, it’s the hedging flows, not sentiment, that now dictate price. For most of Bitcoin’s history, price discovery happened in the spot market. Retail traders and long-term holders set the tone, while The post Is Bitcoin now a $57B volatility trade – or just the start? appeared first on CryptoSlate.