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How Is the Options Market Reacting to Bitcoin’s Continued Decline? (Glassnode)


by Mandy Williams
for CryptoPotato
How Is the Options Market Reacting to Bitcoin’s Continued Decline? (Glassnode)

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Within the last seven days, BTC has taken a backseat while gold performed well. The precious metal has taken some share of bitcoin’s status as a store of value, surging by more than 20%. BTC, on the other hand, is down at least 14%, triggering a shift in investor sentiment.

Glassnode analysts say the change in market sentiment has been reflected in the options market. Bitcoin’s dip, especially the last overnight decline, came with a wave of macro uncertainty, and investors have been altering their positions to navigate the current environment better.

Read the article at CryptoPotato

In This News

Coins

$ 69.11K

-0.86%

$ 0.0114

-2.91%

$ 0.035

$ 0.00...603

$ 0.0000907


Share:

In This News

Coins

$ 69.11K

-0.86%

$ 0.0114

-2.91%

$ 0.035

$ 0.00...603

$ 0.0000907


Share:

Read More

Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

The Bitcoin price remains in a fragile phase in its broader market structure, alterna...
Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correction

Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correction

BitcoinWorld Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correc...

How Is the Options Market Reacting to Bitcoin’s Continued Decline? (Glassnode)


by Mandy Williams
for CryptoPotato
How Is the Options Market Reacting to Bitcoin’s Continued Decline? (Glassnode)

Share:

Within the last seven days, BTC has taken a backseat while gold performed well. The precious metal has taken some share of bitcoin’s status as a store of value, surging by more than 20%. BTC, on the other hand, is down at least 14%, triggering a shift in investor sentiment.

Glassnode analysts say the change in market sentiment has been reflected in the options market. Bitcoin’s dip, especially the last overnight decline, came with a wave of macro uncertainty, and investors have been altering their positions to navigate the current environment better.

Read the article at CryptoPotato

In This News

Coins

$ 69.11K

-0.86%

$ 0.0114

-2.91%

$ 0.035

$ 0.00...603

$ 0.0000907


Share:

In This News

Coins

$ 69.11K

-0.86%

$ 0.0114

-2.91%

$ 0.035

$ 0.00...603

$ 0.0000907


Share:

Read More

Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

Bitcoin Price To Bottom At $45K? On-Chain Indicator Says Yes

The Bitcoin price remains in a fragile phase in its broader market structure, alterna...
Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correction

Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correction

BitcoinWorld Bitcoin Price Plummets: BTC Falls Below $69,000 in Sudden Market Correc...