CryptoCoinDeskabout 4 hours ago
Bitcoin traders target $50,000 puts as gold death cross looms
1 min read
Bitcoin dipped to $57,700, its lowest since September 2024, before recovering to $58,800. A block trade on Deribit targets a $50,000 BTC put at the September expiry, suggesting some traders expect a 15% decline by end of Q3. Gold futures flashed a death cross.
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