Cryptocurrency traders should consider moving funds from Bitcoin (BTC) into cryptocurrency-related call options to optimize their trades, cryptocurrency service provider Matrixport said on Thursday.
According to Markus Thielen, director of research and strategy at Matrixport, the cryptocurrency market has predictably been very quiet during the summer weeks.
This resulted in a significant drop in trading volume and volatility. Investors may be better off replacing bitcoin spot with bitcoin options, especially call options, as lower volatility makes options cheaper.