Bitcoin reached a peak of $89,292 today, marking its highest value since early April. This increase of 3% in just 24 hours comes as traders actively invest in the cryptocurrency Market. A significant rise in open interest, reaching $30 billion from $24 billion earlier this month, reflects strong trader confidence in Bitcoin’s future price. Options ...
Bullish Bitcoin options strategies are gaining traction as Market sentiment stabilizes following a wild week. Bitcoin’s price has rebounded to over $84,000, recovering from a dip below $75,000. This surge coincides with President Donald Trump’s unexpected tariff adjustments, impacting trader confidence. As a result, many traders turned to call options on platforms like Deribit, which ...
Recent data from the Deribit options exchange shows that many investors are seeking protection against potential losses in Bitcoin, particularly ahead of Donald Trump’s anticipated announcement about new global tariffs. Open interest for put options with a strike price of $80,000, expiring on April 4, indicates a significant buyer sentiment towards these contracts. This reflects ...
Bitcoin investors are gearing up for a significant $16.5 billion options expiry on March 28, although the Market impact may be limited. With Bitcoin recently falling below $90,000, many bullish positions have been invalidated, giving bearish investors a chance to avoid large losses. Currently, there is more open interest in call options compared to put ...
Bitcoin’s recovery rally is drawing attention to the $90,000 price level, which could trigger significant Market movements. This is largely influenced by the positioning of Market makers in the options Market, who provide liquidity and aim for a neutral Market exposure by hedging their positions. Currently, Market makers are “short gamma” at the $90,000 strike, ...
Bitcoin traders are showing renewed interest in buying call options, signaling a bullish outlook after recent comments from the Federal Reserve. The Fed’s announcement of potential rate cuts and a more measured approach to economic policies has shifted the sentiment surrounding Bitcoin, with increased demand for bullish bets on the cryptocurrency. In contrast, Ethereum is ...
The recent decline in the cryptocurrency Market has shifted traders’ focus from the widely favored $120,000 Bitcoin options bet to a more conservative $100,000 bet. Currently, the $100,000 call option leads with a notional open interest of $1.55 billion, reflecting a reassessment of bullish expectations. In contrast, the $120,000 call, previously leading, has dropped to ...
Recent historical trends indicate that Bitcoin (BTC) may have significant growth potential, especially as U.S. inflation poses challenges to its current upward trajectory. The 200-week simple moving average (SMA) for Bitcoin is currently at $44,200, the highest it has ever been, yet still below the previous bull Market peak of $69,000 from November 2021. Traditionally, ...
As the new year began, Bitcoin (BTC) surged towards $100,000, recovering from December’s slump. However, a week later, it fell back to $93,000 amid concerns over rising U.S. Treasury yields and inflation. Higher bond yields made Bitcoin and other risk assets less appealing. Market analysts noted that the upcoming expectations from the Federal Reserve, especially ...
In 2024, Bitcoin ETFs gained immense popularity among investors, prompting asset management firms to explore innovative ways to merge cryptocurrency with derivatives. Calamos, an asset management firm, plans to launch a unique structured protection ETF this month that offers investors the chance to benefit from Bitcoin’s potential gains while providing 100% downside protection. This fund ...
