CME Puts Dominate Bitcoin Options as Traders Bet Against $60K Floor
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Traders are betting against bitcoin holding a $60,000 floor, with CME puts dominating bitcoin options. However, some traders are also placing bets on higher prices, with calls for $82,000 and targets as high as $115,000 by the end of the year. A large number of bitcoin options are set to expire, potentially leading to market volatility.
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