Bybit launches 24/7 perpetuals for major FX pairs

This move blurs the line between crypto and traditional FX by letting traders access major currency pairs with crypto-native mechanics like 24/7 settlement and high leverage. It matters because it could pull forex-focused traders into crypto venues, while also exposing them to crypto-specific risks like funding rates and exchange solvency. The key question is whether other major exchanges follow suit, which would signal a broader convergence of asset classes. Watch whether liquidity and spreads on these pairs remain competitive against established forex platforms.