Thursday, November 14, 2024
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$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price

Bitcoin (BTC) bulls are still licking their wounds from the bloody Dec. 4 correction, which saw the price collapse from $57,000 all the way to $42,000. This 26.5% downside move caused $850 million in long BTC futures contracts to be liquidated, but more importantly, it shifted the “Fear and Greed

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