Summary: Bitcoin rose above US$90,000 for the first time in a week, recovering from a month-long selloff. This increase, driven by a rally in risk assets and easing volatility, suggests that the worst of the drawdown may be over. The institutionalization of Bitcoin is reshaping risk transmission, with implied volatility remaining contained despite the price retreat.

Link: https://www.theedgesingapore.com/news/cryptocurrency/bitcoin-tops-us90000-options-point-towards-shifting