đ Bybit & Block Scholes Report: Crypto Surges on US-Vietnam Trade DealâBTC Flirts With $110k
Bitcoin nearly kissed $110k as markets reacted to the US-Vietnam trade agreementâproof that geopolitics now moves crypto as fast as any whale wallet.
Hereâs the breakdown:
⢠Trade winds blow bullish: The deal sent shockwaves through Asian markets, with BTC leading the charge. No surprisesâcryptoâs become the high-beta play for macro drama.
⢠Derivatives heat up: Bybitâs data shows open interest spiking 30% intraday. Traders piled in, betting the deal means smoother supply chains (and more risk appetite).
⢠Institutional FOMO alert: Block Scholes notes options volume hitting 2025 highs. Because nothing screams âhedgeâ like leveraged bets on a Vietnam-facing blockchain.
Cynical take: Wall Street still thinks âtrade dealâ means stocks. Meanwhile, crypto traders front-ran the news three timesâonce on rumor, once on leak, and once just for fun.
Bottom line: When BTC brushes six figures on paperwork diplomacy, itâs clearâdigital gold now dances to geopolitics. Next stop: $110k or bust.