"Put option at $80K for Bitcoin gains popularity."

New Trend: $80K Bitcoin Put Option

Bitcoin (BTC) $80,000 put option has become the most popular choice on the Deribit platform. This option indicates that investors are betting on prices falling below the $80,000 level.

Recent increased interest is associated with market volatility and potential price declines. Investors aim to manage their risks and take advantage of market movements with such options. Prices expected to fall below the $80K level present a significant opportunity for investors.