Institutions Strengthen Short Positions as Bitcoin Put Options Surge Amid Market Jitters

Institutional investors are increasingly strengthening their short positions on Bitcoin (BTC) amidst growing market uncertainty. Data from Deribit, the largest cryptocurrency options exchange, suggests a bearish sentiment in the Bitcoin market. There has been a notable increase in protective put options among Bitcoin investors, indicating heightened demand for downside protection. Discover the current state of

Source: CoinOtag