BTC logo
BTC
$111,182.45
1.21%
ETH logo
ETH
$4,013.43
2.65%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,188.93
0.38%
XRP logo
XRP
$2.4155
3.59%
SOL logo
SOL
$193.65
5.52%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3212
1.04%
DOGE logo
DOGE
$0.1971
3.76%
ADA logo
ADA
$0.6703
4.71%
HYPE logo
HYPE
$37.82
4.41%
LINK logo
LINK
$18.09
4.99%
USDE logo
USDE
$1.0000
0.03%
BCH logo
BCH
$523.02
2.69%
XLM logo
XLM
$0.3253
3.94%
SUI logo
SUI
$2.6839
5.35%
AVAX logo
AVAX
$21.90
4.12%
WBT logo
WBT
$42.08
1.07%
LEO logo
LEO
$9.6293
0.02%
HBAR logo
HBAR
$0.1798
4.92%
BTC logo
BTC
$111,182.45
1.21%
ETH logo
ETH
$4,013.43
2.65%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,188.93
0.38%
XRP logo
XRP
$2.4155
3.59%
SOL logo
SOL
$193.65
5.52%
USDC logo
USDC
$1.0000
0.00%
TRX logo
TRX
$0.3212
1.04%
DOGE logo
DOGE
$0.1971
3.76%
ADA logo
ADA
$0.6703
4.71%
HYPE logo
HYPE
$37.82
4.41%
LINK logo
LINK
$18.09
4.99%
USDE logo
USDE
$1.0000
0.03%
BCH logo
BCH
$523.02
2.69%
XLM logo
XLM
$0.3253
3.94%
SUI logo
SUI
$2.6839
5.35%
AVAX logo
AVAX
$21.90
4.12%
WBT logo
WBT
$42.08
1.07%
LEO logo
LEO
$9.6293
0.02%
HBAR logo
HBAR
$0.1798
4.92%
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Bitcoin Traders Seek Downside Protection Ahead of Fed Chair Powell’s Comments

We have only seen some nuanced demand for protective BTC puts, reflecting limited caution among sophisticated traders, Deribit's CEO told CoinDesk.

By Omkar Godbole|Edited by Parikshit Mishra
Updated May 6, 2025, 12:40 p.m. Published May 6, 2025, 12:36 p.m.
Dominos showing risk. (Getty)
Dominos showing risk. (Getty)