Bitcoin traders step back: Options OI sees historic drop as market sentiment sours

Quick Summary:

Bitcoin Options OI hits record lows, reflecting a shift to cautious trading amid market uncertainties.

This trend is further amplified by declining volumes and subdued price action, which collectively indicate a lack of strong catalysts for significant market moves.

The current drop underscores a retreat by market participants from leveraged positions, likely influenced by global economic pressures and fears of sustained rate hikes by the Federal Reserve.

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Article Details

Author / Journalist: Adewale Olarinde

Category: Crypto

Markets: United States

Topics: News 1 BTC Trading View Trading View Social Ambcrypto News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 04:00:58 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 576 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25025789

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 14 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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