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4 months ago
Bitcoin Options Traders Hedge Against Potential Declines Following $100,000 Beincrypto 05 Dec 2024

Bitcoin Options Traders Hedge Against Potential Declines Following $100,000

Bitcoin's surge past $100,000 has led options traders to hedge against potential declines. The demand for put options, signaling cautious sentiment, has increased, especially for strike prices around $95,000 to $100,000. This comes amid optimism due to pro-crypto sentiments from global leaders and rising Bitcoin ETFs' inflows.

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21Shares files for spot Dogecoin ETF in the US
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