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Bitcoin Price Tests $9.4K as Demand for Put Options Drops

Put options – a bet on bitcoin's price – are declining alongside a rise in the leading cryptocurrency by market cap's price.

Updated Sep 14, 2021, 8:45 a.m. Published May 28, 2020, 2:36 p.m.
Bitcoin's price is currently trading around $9,400. (Credit: CoinDesk's Bitcoin Price Index)
Bitcoin's price is currently trading around $9,400. (Credit: CoinDesk's Bitcoin Price Index)