Year-end Bitcoin options poised for bullish close with $5.7 billion expiry

Year-end Bitcoin options poised for bullish close with $5.7 billion expiry

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Quick Take As we approach the last trading month of 2023, set to close on Dec. 29, an intriguing pattern surfaced in the Bitcoin options market on the Deribit exchange. Open interest, a metric representing unsettled options contracts betting on Bitcoin’s future price, is gearing for another option…

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