<ul data-eligibleForWebStory="false"><li>Bitcoin and Ethereum markets experienced reduced implied volatility in June despite geopolitical events that briefly affected prices.</li><li>Traders on Derive.xyz are now adjusting their strategies for a potentially volatile July after a period of muted response to global risks.</li><li>Implied volatility for Bitcoin and Ethereum decreased in June, with traders betting on a limited fallout scenario that eventually occurred.</li><li>Derive's options market activity indicates expectations of larger price actions in July, with a bullish sentiment leaning towards Ethereum due to fundamental catalysts.</li></ul>

Bitcoin or Ethereum? Options Traders Are Placing Their Bets for a July Breakout

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