Market Report: Top 5 Cryptocurrency Gainers on December 26, 2025, led by DoubleZero

Analyst: The implied volatility (IV) of major-term options and expiry options for Bitcoin has not increased.

Odaily Planet Daily reports that Greeks.live macro researcher Adam posted on the X platform stating that although Bitcoin's price hit a new rebound high today, the implied volatility (IV) of major-term options and expiry options did not increase; instead, it decreased compared to when Bitcoin broke through $70,000. Over the past week, VRP has dropped significantly, declining nearly 20% across all maturities. This divergence generally indicates that institutions believe the rebound has come to an end and momentum is waning.

Geopolitical Turmoil! Dalio Declares "Gold is the Only True God," but Its Safe-Haven Performance Trails Bitcoin

As geopolitical tensions in the Middle East escalate, Bridgewater founder Ray Dalio questions Bitcoin and reaffirms gold as the preferred safe haven. Nevertheless, gold prices fell accordingly, while Bitcoin only experienced a slight correction, indicating that the correlation between the two is weakening. Dalio doubts Bitcoin's transparency and future risks, but he still maintains a small allocation of Bitcoin for diversification.

WuBlockchain Space: Is the accusation that "Jane Street manipulates Bitcoin" just a conspiracy theory?

The WuBlockchain Space program analyzed allegations of Jane Street manipulating Bitcoin prices via ETFs and derivatives. Guests argued that claims of "crypto harvesting" are conspiratorial, with sell-offs reflecting normal market activities rather than intentional manipulation. Recent crypto price volatility is attributed to market structure, liquidity, and macroeconomic factors rather than fear, uncertainty, and doubt. Investors are advised to be cautious of speculative interpretations.

Don't cut losses before dawn! K33 Report: Bitcoin has entered the "extremely oversold zone," and selling now makes no sense

K33 Research Institute points out that Bitcoin has now entered an extremely oversold zone, with technical indicators showing bottom signals. Despite the pessimistic market sentiment, selling may not be wise, as institutional investors have reduced their holdings, and Bitcoin's stability has increased under geopolitical influences. The report believes the worst is over, and the current is a buying opportunity for rational investors.

Gate Institute: Under wartime conditions, BTC's trend remains stable with a slight upward bias, and volatility stays high

Latest data shows that the implied volatility of BTC and ETH remains high, with BTC at the 91% percentile, indicating that the options market expects short-term volatility to stay elevated. Large transactions in BTC and ETH are also active, and the Gate platform has updated its options VIP fee structure, reducing trading costs, which is especially advantageous for beginners and growing users.