According to @CoinMarketCap, Bitcoin’s (BTC) implied volatility is surging toward levels that may signal a return to options-driven price action, as highlighted by ProCap CIO Jeff Park (source: CoinMarketCap on X, Nov 25, 2025, citing Jeff Park). Jeff Park adds that such options-led regimes have historically produced decisive moves that push BTC to new highs (source: CoinMarketCap on X, Nov 25, 2025, citing Jeff Park).