Bitcoin Derivatives Are Heating up, but Traders Want Insurance
Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept. 23. Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion. Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume. Meanwhile, billions in contracts are staring […]
Key Takeaways
- Bitcoin derivatives are flashing a split personality as bitcoin’s price trades around $84,000 on Sept.
- Futures open interest is climbing back toward $60 billion, while options open interest has jumped above $50 billion.
- Calls command 60% of options positions, yet puts account for 58.2% of 24-hour options volume.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
15 Institutions Reveal Why They Refused to Sell Bitcoin During a 50% Crash
Bitwise interviewed 15 institutions. None sold crypto as prices fell 50%, and several bought more Bitcoin. The post 15 Institutions Reveal Why They Refused to Sell Bitcoin During a 50% Crash appeared first on BeInCrypto.
Treasury’s cash balance nears $1 trillion while Bitcoin awaits a crucial market signal
The Sept. 22 discussion outlined no investment size or timetable, while current money markets remain well supplied. The post Treasury’s cash balance nears $1 trillion while Bitcoin awaits a crucial market signal appeared first on CryptoSlate.
$15.6 Billion in Bitcoin Options Expire Friday—Here's What It Means
Deribit's strike-by-strike data shows a book stacked with calls, and one price level drawing hedging pressure from both sides at once.