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Bitcoin Options Open Interest Climbs to Record $15B on Crypto Exchange Deribit
Trading in bitcoin (BTC) options listed on the cryptocurrency exchange Deribit is more popular than ever. On Friday, the notional bitcoin (BTC) open interest, or the U.S. dollar value locked in active bitcoin options contracts, rose to a record high of $15 billion. The figure has more than doubled since late September, topping the $14.36 billion peak registered during the bull-market days of October 2021. Back then, BTC traded above $60,000; today it's about $37,200. At press time, notional options open interest had dropped back to $13.8 billion. In contract terms, open interest stood at over 376,000 BTC, nearly ... (full story)
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- Posted: Nov 20, 2023 8:20pm
- Submitted by:Category: Crypto Industry NewsComments: 0 / Views: 50
