Bearish Sentiment Grips Bitcoin Ahead of $3B Options Expiry

Bitcoin put options, derivatives offering downside protection, continue to become pricier, implying bearish sentiment. The price volatility may rise as major exchanges, including Deribit, are due to settle monthly options on Friday. The three-month put-call skew, which measures the cost of puts relative to calls, has turned positive, hit a 6-week high of 3%, according … Read moreBearish Sentiment Grips Bitcoin Ahead of $3B Options Expiry