Crypto Markets Daily Dec 16, 2024
With BTC reaching a new all-time high (ATH) of $106,443, we explore the daily change of at-the-money implied volatility and implied volatility skews across BTC and ETH. Alongside, we highlight the impact of this rally on specific altcoins and outline the
Record Spot, Measured Sentiment
Bitcoin (BTC) glided through $105k and rallied to a new all-time high (ATH) of $106,443 late Sunday night into early Monday, affirming a previously set bullish outlook.
This breakthrough brought with it a rebound in implied volatility at short tenors from a sharp weekend decline, with levels now having risen significantly at the front end of the structure.