BTC options News

The volume of Bitcoin put options traded in block trades has surged to over $500 million.

There’s been a noticeable uptick in trading cryptocurrency options and futures since Christmas, primarily driven by traditional financial institutions. 

Despite the rejection of the $20,000 resistance level on September 27, Bitcoin bulls are still optimistic about the price’s potential to bounce back. According to a four-month descending triangle, if BTC holds the $18,500 support before October ends, it could…