Bitcoin (BTC) options traders are showing growing optimism ahead of the July 8 options expiry, with call contracts significantly outnumbering puts as investors position for potential upside. The options expiry coincides with the release of the Federal Reserves June meeting minutes, a key macroeconomic event that could influence Bitcoin price action and broader cryptocurrency market sentiment. Data from Deribit shows strong demand for call options, with 6,258 call contracts traded over the past 24 hours compared with 3,610 put contracts, resulting in a put-call ratio of 0.58. Open interest… Read more
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