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Cryptocurrencies: 29736
Markets: 111095
Market Cap: $2,163,631,297,872     
24h Vol: $27,600,467,683
Coin-turk.com 2026-06-29 20:52:07

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

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.
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