Bitcoin faces record demand for downside protection as options premiums on puts reach $115 million, sparking debate over a potential drop to $55,000

🚨 Put option premiums in $BTC soared to $115 million as investors seek protection from further declines. 📉 Market attention turns to the possibility of Bitcoin retesting $55,000 amid rising demand for downside hedges. 💡 US investors continue to pull capital from Bitcoin and gold and shift into tech and semiconductor stocks. Continue Reading:Bitcoin faces record demand for downside protection as options premiums on puts reach $115 million, sparking debate over a potential drop to $55,000 The post Bitcoin faces record demand for downside protection as options premiums on puts reach $115 million, sparking debate over a potential drop to $55,000 appeared first on COINTURK NEWS.