Traders are buying far out-of-the-money bearish puts to protect against an unexpectedly strong jobs report.
With BTC trading near 109,950 USD, the spread across short and long-term expiry puts signals a cautious market wary of delayed Fed rate cuts.
Traders are buying far out-of-the-money bearish puts to protect against an unexpectedly strong jobs report.
With BTC trading near 109,950 USD, the spread across short and long-term expiry puts signals a cautious market wary of delayed Fed rate cuts.
Leave a Reply