Massive $14.6B Expiry of Bitcoin and Ether Options Indicates Demand for Bitcoin Protection
The upcoming expiry reveals strong demand for Bitcoin put options, highlighting a market preference for downside protection.

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The upcoming expiry reveals strong demand for Bitcoin put options, highlighting a market preference for downside protection.
A sharp downturn in the cryptocurrency market has resulted in nearly $900 million in liquidated bullish bets, significantly affecting traders in Bitcoin and Ether.
XRP saw a 3.2% decrease during the recent trading window, raising questions about its potential for sustained growth.
Market predictions show low confidence in Trump's capability to manipulate the Federal Reserve amidst his attempts to fire Governor Lisa Cook.
The crypto market faces downward pressure with Bitcoin falling back to its inauguration price while Ether drops sharply.
Despite the significant partnership, LINK has experienced a decline of 5% within a 24-hour period in line with the broader downturn in the cryptocurrency market.

Aptos' APT token has experienced a significant drop of 4%, amid a broader decline in cryptocurrency markets with key support levels identified.
ADA fluctuates within a 10% range as investors assess macro factors and updates from the Cardano ecosystem.
The company aims to establish a substantial treasury focused on Solana, attracting significant investment from key players in the crypto sector.
Xapo Bank has officially announced the hiring of Tommy Doyle as the head of their relationship management team, reinforcing their commitment to strengthen ties in the crypto finance sector.
B Strategy is gearing up to launch a U.S.-listed firm focused on managing BNB assets and investing in the BNB ecosystem, aided by Binance co-founders.
Grayscale's latest SEC filing aims to enable the Avalanche Trust to operate as a spot ETF, facilitating cash transactions.

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