Crypto

Bitcoin options market sees growing defensive demand; Strategy crisis view limited

Bitcoin options investors are increasingly positioning for downside protection amid near-term uncertainty, with elevated put skew in both Deribit and BlackRock's iShares Bitcoin Trust options. Anchorage Digital said short-dated implied volatility has often exceeded one-month volatility in 2026, reflecting focus on near-term risks. It added Strategy-related options have not priced in an extreme downside scenario despite weakness in Strategy’s preferred and common shares.

Crypto

Bitcoin slips to $59,000 range; long-term model sees entry into 'floor' zone

Bitcoin slid to $59,000 to mark a new low for the year, but a long-term price model showed it has entered a zone similar to past major bottoms. CoinTelegraph said the move fits within statistical ranges seen at earlier bear-market lows. Derivatives data pointed to $55,000 as the next key support and $65,000 to $68,000 as the main upside focus, while traders watch whether bitcoin can reclaim $60,000.