DUBAI, UAE, April 10, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest Bybit x Block Scholes Crypto Derivatives Analytics report, highlighting how a fragile US–Iran ceasefire has tempered bearish sentiment in crypto markets while leaving broader uncertainty unresolved.

Key findings:

• Bitcoin rebounded above $70,000 following the ceasefire announcement.
• Market activity reflects short squeeze accompanied by fresh positioning.
• Sentiment has improved, but remains cautious amid ongoing geopolitical risks.

The report found that digital asset markets reacted swiftly to news of a conditional two-week ceasefire between the United States and Iran, particularly due to the…