CryptoCoinDeskabout 4 hours ago
Bitcoin derivatives signal panic ahead of PCE data
1 min read
Bitcoin derivatives show a near 25-point premium for puts over calls, signaling panic. A weaker-than-expected core PCE reading, due at 8:30 a.m. ET, could trigger a bullish snapback. Core PCE is expected at 3.4% year-on-year for May, up from 3.3%.
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