The crypto market showed weakness on Wednesday, with BTC holding near $62,500 and ETH around $1,665. The CoinDesk 20 Index dropped 0.9%. In the derivatives market, trading volume over the past 24 hours fell 27% to $141 billion, while open interest increased 2% to $106 billion. ETH futures open interest rose to 14.3 million ETH, hitting a two-week high; SOL futures open interest climbed to a record high of 77.68 million tokens. However, funding rates and adjusted 24-hour open interest CVD remain negative. On Deribit, the previous period options skew widened to 10.9 volatility points, leaning toward bearish puts, indicating growing concerns about downside risks. (CoinDesk) https://(wublock123.com)/news/btc-near-62500-options-skew-risks-downside-63398