CryptoYahoo Financeabout 2 hours ago
Options Traders Bet That Bitcoin's Price Will Fall To $52,000
1 min read
Options traders are betting Bitcoin's price will fall to $52,000 by the end of July, according to heavy put option buying on Deribit. Bitcoin currently trades at $62,500, down from an all-time high of $126,000 last October. The bearish sentiment follows the Federal Reserve's indication of likely interest rate hikes.
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