Bitcoin price moves sharply as BTC volatility drops to 16-month low – Cointelegraph

Overall open interest in Bitcoin options (BTC) fell to $ 2 billion, 13% below the all-time high. While open interest is still heavily focused on the Deribit exchange, the Chicago Mercantile Exchange (CME) also hit $ 300 million. Simply put, option derivative contracts allow investors to buy protection, either upward (call options) or downward (put […]

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