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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Bitcoin traders load up on bearish bets all the way down to $52,000

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.
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Bitcoin traders are aggressively placing bearish bets, buying options that would generate profit if the cryptocurrency's price continues to fall. This strategic positioning indicates a widespread expectation among investors for a deeper market sell-off, potentially driving…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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