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Sentiment Shift in Bitcoin as $80K Put Emerges as Most Popular Bet

BTC put bias is strongest since the U.S. regional banking crisis of early 2023, according to one observer.

Updated Apr 2, 2025, 1:17 p.m. Published Apr 2, 2025, 12:44 p.m.
Deribit BTC options: Distribution of open interest. (Amberdata/Deribit)
Deribit BTC options: Distribution of open interest. (Amberdata/Deribit)