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Bitcoin Drops Below $28K as Options Expire, Traders Borrow WBTC From Aave

WBTC is the largest tokenized version of bitcoin and can be swapped on a 1:1 basis for BTC.

By Omkar Godbole
Updated Mar 31, 2023, 2:56 p.m. Published Mar 31, 2023, 10:07 a.m.
Bitcoin slipped below $28,000 ahead of the quarterly options expiry. (CoinDesk, Highcharts.com)
Bitcoin slipped below $28,000 ahead of the quarterly options expiry. (CoinDesk, Highcharts.com)