Bitcoin reached a new all-time high of $118,667, but experts suggest its growth may slow compared to previous bull runs. The expanding options market and institutional inflows via ETFs are key factors influencing this trend.
- Bitcoin's realized volatility has dropped to 29.5%, far below 2021's 100%, signaling a more stable market.
- Institutional capital, primarily via Bitcoin ETFs, is reshaping price dynamics, with BlackRock, Fidelity, and ARK Invest leading inflows.
- Sophisticated traders are using options strategies to dampen volatility, mirroring patterns seen in traditional equities markets.
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