The cryptocurrency market is known for its sharp boom-and-bust cycles, making even volatile equity markets appear relatively stable. After a steep correction earlier this year, crypto could be poised for a rebound, with options activity in key crypto-linked stocks pointing to renewed bullish sentiment.
Options traders are aggressively buying call options on the iShares Bitcoin Trust ETF (IBIT), Strategy and Coinbase Global, signalling expectations of further upside, according to a CNBC report.
