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Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.

Updated May 25, 2023, 12:48 p.m. Published May 25, 2023, 11:42 a.m.
Bitcoin's six-month call-put skew (Amberdata)
Bitcoin's six-month call-put skew (Amberdata)