Bitcoin Nears $75K As Risk-on Sentiment, Geopolitical Landscape Improves

In brief

• Bitcoin is up around 13% since the Iran conflict began on February 28, outperforming the S&P 500 and gold.
• The options market shows easing bearish pressure reflected in the improving 25-delta skew, signaling reduced demand for downside protection.
• Myriad users see a 75% chance that oil…