Bitcoin Price Taps $80K as Futures Premium Soars and $1.6B in Open...

Bitcoin Price Taps $80K as Futures Premium Soars and $1.6B in Open Options Bet Hints Big Swings

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Source: Coindesk.com

BTC topped $80,000 during the North American hours. Futures premiums soar, indicating a bias for bullish bets. The popularity of the $80,000 call on Deribit points to potential dealer hedging around the key level.

Bitcoin rose past $80,000 as traders scrambled to add bullish exposure in derivatives linked to

Read More https://www.coindesk.com/markets/2024/11/10/as-bitcoin-eyes-80k-futures-premium-soars-and-16b-locked-in-options-bet-points-to-big-moves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitcoin Price Taps $80K as Futures Premium Soars and $1.6B in Open Options Bet Hints Big Swings" appeared first here Coindesk.com.

Source: Coindesk.com

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