Derive options traders price 31% odds of Bitcoin falling below $70,000 by Christmas
Increased downside protection and shifting odds reflect growing caution among traders, impacting Bitcoin's short-term market sentiment and strategy. The post Derive options traders price 31% odds of Bitcoin falling below...
Watchlist
Fresh in the current trading session. The story has cross-source confirmation.
Increased downside protection and shifting odds reflect growing caution among traders, impacting Bitcoin's short-term market sentiment and strategy.
The post Derive options traders price 31% odds of Bitcoin falling below $70,000 by Christmas appeared first on Crypto Briefing.
Why this matters
Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Crypto BriefingSame story, other sources
Cross-source coverage
2 sources
Bitcoin ‘ripe for a squeeze’ as options traders raise odds of sub-$70,000 Christmas
Bitcoin trades below $74,000 on Wednesday after five weekly losses, with Derive pricing 31% odd...
Related market context
US Inflation Data Shakes Crypto Market as Bitcoin Breaks Below $73K Support
The decline intensified selling pressure across the cryptocurrency market, with Ethereum, XRP, and Solana also posting substantial...
STS Digital Takes Its Crypto Options Desk Into Tokenized Stocks and Gold
STS Digital began offering over-the-counter options on tokenized stocks, ETFs and commodities today (Wednesday). The Bermuda-regul...
Crypto News Today: Santiment Data Shows Extreme Fear in BTC, ETH, and XRP With $2.15B in Bitcoin ETF Outflows
Santiment’s latest social data shows bearish commentary outweighing bullish discussions across all three cryptocurrencies. Meanwhi...
Bitcoin holds $73,000 as odds of a December 50 bps rate hike jump
The odds of a 50-basis-point Federal Reserve hike in December rose from 0% to 13.6% on Nov. 10 after October CPI beat forecasts, a...
Visa Adds Monad to Stablecoin Settlement Options as Institutions Seek More Rails
Visa’s growing list of blockchain settlement options reportedly has a new entrant: Monad. According to a November 10 report citing...
Bitcoin stalls below $75,000 as ETF outflows build ahead of U.S. CPI print
Bitcoin trades near $74,200 below $75,000 as ETF demand fades and traders price a Fed December hike ahead of the U.S. CPI report a...