Crypto Daybook Americas: Bitcoin 'Calm Rarely Lasts'

Key Points

1. Bitcoin's price stability above $100,000 has led to a significant drop in volatility metrics, with Deribit's DVOL index falling below 40%, the lowest in nearly a year.

2. New perpetual trading products linked to Bitcoin and Ether implied volatility indices (BVIV and EVIV) have been introduced on gTrader, with trading volume nearing $1 million.

3. Upcoming economic data releases include manufacturing and services activity reports from S&P Global, ISM services sector data, and U.S. employment figures.

4. Several cryptocurrency-related events and governance changes are noted, such as the BNB Chain's Maxwell hard fork and Lido's new two-way governance structure.

5. Market performance updates include slight gains in BTC and ETH prices, mixed movements in global stock indices, and changes in U.S. Treasury rates.