Growing Interest in Bitcoin Puts Below $75K Surpasses $100K Bets

The recent spike in interest surrounding lower-strike put options for Bitcoin, specifically those priced under $75,000, highlights a significant shift in market sentiment. This contrasts sharply with the trend observed after the Trump election, when investors predominantly favored high-strike call options.

As traders adjust their strategies, the current focus on protective puts suggests a more cautious outlook on Bitcoin’s price trajectory. This change reflects the evolving dynamics in the cryptocurrency market as participants seek to hedge against potential downturns.