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CryptoGlobe 2024-03-09 04:44:00

Bitcoin Options Boom: Traders Bet $20 Million on $200,000 $BTC Strike Price

A renewed surge in interest for Bitcoin options has been reflecting the bullish sentiment seen in the cryptocurrency space, with Deribit-listed Bitcoin call options with a strike price of $200,000 seeing a notional open interest of over $20 million. Open interest represents the total USD value of outstanding contracts and has been growing amid Bitcoin’s

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