


Bitcoin (BTC) investors are aggressively hedging against potential price declines with $75,000 put options trading on the Deribit exchange platform. Reports from research firms indicate that a significant portion of option trades in the past week has been made up of put options.
The uncertainty in the markets and expectations of potential declines have forced investors to take precautions against price drops. Analysis related to this situation reveals that a definitive bottom for Bitcoin has yet to be seen.
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