CryptoCoinDeskabout 2 hours ago
Bitcoin nears 2024 lows as puts premium rises
1 min read
Bitcoin fell 1.5% to $59,250, testing its lowest since late 2024. Ether dropped 1.73% to $1,580, bouncing from a level it held twice before. BTC puts trade at a double-digit premium to calls, signaling strong demand for downside protection. Dogecoin open interest hit 16 billion tokens, the highest since October.
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