Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K

2021-1-21 13:40

Options traders look to be preparing for further falls in bitcoin's price in the short-term, according to put-call skew data.

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price bitcoin traders falls further skew data

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Bitcoin To $240,000: Analyst Cites Key Narrative As Catalyst

Bitcoin price has fallen by over 10% after briefly touching its all-time high of $69,000, propelled by investors’ flood of money into BTC Spot Exchange-Traded Funds (ETFs). However, intense volatility surrounding the crypto asset’s price has triggered a rebound to the $68,000 mark, which highlights the return of positive enthusiasm, prompting predictions of a significant rally to an unprecedented height.

2024-3-9 19:00