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Coingape

Bitcoin Options Puts Exceed $1.15B As Negative Bias Jumps to Oct. 11 Crypto Market Crash Levels

Bitcoin options market is showing the rising demand for institutional put options as the BTC price struggles to reclaim the upside. According to market data, the total value of institutional Bitcoin put transactions exceeded $1.15 billion. This represents a massive 28% of the overall market activity. This could potentially have a spillover across the broaderThe post Bitcoin Options Puts Exceed $1.15B As Negative Bias Jumps to Oct. 11 Crypto Market Crash Levels appeared first on CoinGape.

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