Bitcoin and Ethereum traders prepare for August slump as put options dominate

Crypto traders are preparing for potential price declines in Bitcoin (BTC) and Ethereum (ETH) this August, with options data from Derive.xyz showing a clear tilt toward bearish positioning. Bitcoin bearish sentiment According to data shared with CryptoSlate, open interest in Bitcoin put options with an Aug. 29 expiry date is nearly five times higher than The post Bitcoin and Ethereum traders prepare for August slump as put options dominate appeared first on CryptoSlate.