Odaily Planet Daily News According to CF Benchmarks' analysis of Chicago Mercantile Exchange (CME) Bitcoin futures and options, despite yesterday's weak U.S. CPI inflation report, investors are ready to pay a premium for short-term downside protection, and option traders expect Bitcoin prices to adjust in the short term. CF Benchmark analysts said that although Bitcoin broke through the $66,000 mark yesterday, "the implied volatility of out-of-the-money put options is still higher than that of call options." In addition, the volatility curve between long-term put options and call options is "flatter," while call options are slightly tilted, indicating that investors are more optimistic about Bitcoin's long-term prospects. (TheBlock)