
Bitcoin ‘Skew’ Slides as Oil Prices Surge 6% on Israel-Iran Tensions
Bitcoin’s BTC hort-term options skew crashed during the early Asian hours as traders sought downside protection amid escalating tensions in the Middle East, which triggered a sharp rise in oil prices The seven-day skew, which measures the relative richness of Deribit-listed BTC calls to puts, slid to -3.84%, the lowest since April 16, according to…