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BTC $60,677.11 -0.72%
ETH $1,555.01 -3.11%
BNB $573.79 -0.82%
XRP $1.09 -1.54%
SOL $61.74 -5.24%
TRX $0.3217 +0.09%
DOGE $0.0812 -1.57%
ADA $0.1587 -0.76%
BCH $216.46 +0.20%
LINK $7.35 -0.33%
HYPE $58.38 -1.83%
AAVE $60.19 -4.09%
SUI $0.7143 +1.35%
XLM $0.2110 +10.95%
ZEC $352.51 +5.21%

Matrixport: Bitcoin implied volatility and skew indicate rising market risk aversion

2025-11-24 11:41:44
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Matrixport released a chart today stating, "In the past week, the implied volatility skew of Bitcoin options has further weakened. The short-term skew widened from about -3.5% last week to -10.6%, indicating a significant increase in short-term downside hedging demand; the long-end skew decreased from about -0.2% to -1.9%, reflecting a more pessimistic pricing of longer-term tail risks. From the perspective of option pricing, the market's pricing of downside risks has increased over the past week, evident in both short-term options and contracts expiring next year. The current implied volatility has risen to about 58%, corresponding to a higher near-term downside risk premium and a more cautious medium-term outlook compared to a week ago, indicating that the market does not view this round of volatility as a one-off shock."

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