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Derive options traders price 31% odds of Bitcoin falling below $70,000 by Christmas

Crypto Briefing ·

Increased downside protection and shifting odds reflect growing caution among traders, impacting Bitcoin's short-term market sentiment and strategy.

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First reported by The Defiant at · 2 outlets in all

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  1. Crypto BriefingDerive options traders price 31% odds of Bitcoin falling below $70,000 by ChristmasIncreased downside protection and shifting odds reflect growing caution among traders, impacting Bitcoin's short-term market sentiment and strategy.
  2. The DefiantBitcoin Falls Below $73,000 to Fresh 10-Week LowThe Coinbase low undercut Sunday's trough by nearly 1%; Kraken also recorded a sub-$73,000 print.