July 18, 2024

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Bitcoin Hits New Low Since February, Options Market Stays Optimistic

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Bitcoin Hits New Low Since February, Options Market Stays Optimistic
Bitcoin Hits New Low Since February, Options Market Stays OptimisticAccording to the latest data, $305.43 million was liquidated across crypto derivatives exchanges when bitcoin dipped below $57,000. One analyst predicts that with the Mt Gox and German government sell-offs, “supply will likely outstrip demand.” Conversely, QCP Capital notes that despite the current crypto sell-off, the options market remains hopeful. Crypto Liquidation Tops $305M as […]