Options traders are upping their bets that bitcoin will hit an all-time high by the end of the month amid optimism about a U.S. interest rate cut and increased inflows into exchange-traded funds. All bitcoin call options with a strike price of $75,000 on the expiration date have the highest number of unpositioned squaring contracts, according to data compiled by cryptocurrency options exchange Deribit. This is followed by call options with a strike price of $100,000 and $80,000.
Luuk Strijers, CEO of Deribit, said that traders are optimistic and expect prices to reach a new all-time high. Bullish sentiment in the BTC options market has been driven by strong BTC ETF flows, expectations of a U.S. interest rate cut, a rate cut by the European Central Bank, and the approval of an ETH ETF.
Options traders are betting that Bitcoin will break through $75,000 this month
2024-06-07 02:25:13
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
期权交易员押注比特币本月突破75,000美元Next article：
SlowMist：已检测到与Steam Swap相关的潜在可疑活动
