Option traders have turned bullish on Bitcoin (CRYPTO: $BTC) and are betting that the price of the largest cryptocurrency will top $82,000 U.S.
Market data shows that a growing number of Wall Street traders are piling into call-option contracts that have an $82,000 U.S. strike price on Bitcoin that expires Sept. 4.
The trade essentially bets that Bitcoin's price will rise above $82,000 U.S. on or before Sept. 4.
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Market data shows that a growing number of Wall Street traders are piling into call-option contracts that have an $82,000 U.S. strike price on Bitcoin that expires Sept. 4.
The trade essentially bets that Bitcoin's price will rise above $82,000 U.S. on or before Sept. 4.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#Crypto
25 days ago
