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Market Wrap: Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

Sentiment in the bitcoin options market is mixed, although some traders are seeking downside protection.

Updated May 11, 2023, 6:25 p.m. Published Jan 27, 2022, 9:34 p.m.
Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)
Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)