Dubai, UAE, March 6th, 2026, Chainwire
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released the latest Bybit x Block Scholes Crypto Derivatives Analytics report, offering an in-depth analysis of digital asset markets as geopolitical tensions in the Middle East weigh on global financial sentiment.
Key findings:
- Major cryptocurrencies demonstrated resilience despite the worsening macro and geopolitical backdrop. Bitcoin briefly breached $74,000 while Ethereum approached $2,200, following a recovery in sentiment after both assets briefly dipped to around $63,000 and $1,800 following the initial outbreak of hostilities in the Middle East.
- Demand for optionality increased after…
