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Bitcoin options traders bet on $50,000 put options

2026-07-01 10:48

Odaily Bitcoin once fell to $57,700, the lowest level since September 2024, before rebounding to $58,800; the market saw $395 million in liquidations, with open interest rising to 768,000 BTC. On Deribit, puts across all maturities are trading at a premium over calls, with one block trade betting on Bitcoin put options expiring in September with a strike price of $50,000. (CoinDesk)