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Bitcoin options traders are dropping their hedges going into the Fed meeting
The put/call ratio has fallen to about 0.52 from 0.76 in late June, and one-week downside protection has collapsed in price. The options market is positioned for a quiet week that contains an FOMC decision.
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cryptobriefing.com
Bitcoin options put/call open interest ratio falls to 0.52, signaling growing bullish conviction
Bitcoin's put/call open interest ratio dropped to 0.52 from 0.76, per Glassnode, as traders unwind bearish bets with BTC stabilizing near $67K.
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coindesk.com
Bitcoin options traders are dropping their hedges going into the Fed meeting
The put/call ratio has fallen to about 0.52 from 0.76 in late June, and one-week downside protection has collapsed in price. The options market is positioned for a quiet week that…