Glassnode: The implied volatility of Bitcoin call options has risen, significantly enhancing bullish sentiment in the market.

BlockBeats news, on May 16, Glassnode stated that the implied volatility of Bitcoin call options has surpassed that of put options. This change indicates a rising bullish sentiment in the market, with traders more inclined to bet on price increases rather than hedge against falling risks - a risk preference signal supporting the rise of Bitcoin.

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