Crypto Derivatives Market Shows Signs of Stabilization
The cryptocurrency derivatives market is showing clear signs of recovery following last week’s sharp downturn. Bitcoin and Ethereum have climbed back above key psychological levels, bringing renewed optimism to a sector that experienced significant turbulence just days ago.
A comprehensive analysis by crypto exchange Bybit, conducted in collaboration with data platform Block Scholes, reveals that derivatives contracts are regaining stability. The report highlights how both spot and derivatives markets are responding to improved conditions across multiple fronts.
At the time of writing, Bitcoin is trading at around $91,362, suggesting a 1.18% increase in the last 24 hours and a 5.1% gain in the past week.
