Crypto bulls set for a strong comeback? Here's what stock market is suggesting

Options traders are aggressively buying call options on crypto-linked assets including the iShares Bitcoin Trust ETF, Strategy and Coinbase Global, signalling expectations of a crypto rebound. Coinbase shares jumped around 10% on Tuesday to close near $176, after dipping below $150 earlier this month. Bitcoin gained nearly 2% in one week and 3% in one month but remains down over 44% on a yearly basis, while Ethereum has fallen over 48% year-on-year despite gaining about 10% over the past month.