Bitcoin options markets shift as BTC price surges, potential for new highs

From Cointelegraph

September 19, 2024 2:59:20 pm:

The Bitcoin options market saw a shift in positioning as the price of BTC surged past the $60,000 to $63,000 range.

This movement in the options market comes as Bitcoin continues to see increased volatility and price fluctuations.

Investors are closely monitoring the options market as a way to gauge market sentiment and potential future price movements for Bitcoin.

Read more at Cointelegraph: Bitcoin options markets reduce risk hedges — Are new range highs in sight?