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COINTELEGRAPH.COM NEWS · CRYPTO ·

Bitcoin put-call ratio hits 1-year high: Are bears preparing for drop to $55K?

As reported by Cointelegraph.com News
Rising demand for put options and persistent ETF outflows highlight Bitcoin's weakness despite lower oil prices.
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Bitcoin's put-call ratio has reached a one-year high, signaling increased bearish sentiment in the market. This surge in demand for put options, combined with ongoing ETF outflows, highlights significant underlying weakness for the cryptocurrency. Analysts are now speculating if…

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