CoinScoopBitcoin options market turns bullish with $1.24 billion in year-end bets
Bitcoin options traders are positioning for a year-end rally, with the 25-delta skew turning positive for the first time in a year. Open interest for December 25 expiry contracts at the $80,000 and $100,000 strike prices totals approximately $1.24 billion. While market sentiment is shifting, traders remain cautious ahead of the Federal Reserve's interest rate decision and the upcoming vote on the CLARITY Act.
Summaries are written by AI from the original article. Not investment advice.