Cryptocurrency traders hedge against Bitcoin rebound after a 40% increase in 4 weeks
Bitget2024/02/28 09:58
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Option data shows that cryptocurrency traders are hedging against a Bitcoin rebound after a 40% increase in 4 weeks. Bitcoin (BTC) has recently surged almost vertically, with some traders seeking protection to guard against potential leverage liquidation and price pullback.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
AiCoin | September 8 Snapshot: Dual-key vulnerability, Fed rate hike, ETF net inflows
AiCoin•2026/09/08 00:02
Michigan's Auto Industry Under Pressure Due to US-Canada Trade War
格隆汇•2026/09/07 23:57
Sigma Lithium faces court order reportedly suspending environmental licenses in Brazil
Reuters•2026/09/07 23:56
Crypto prices
More
Bitcoin
BTC
$79,013.43
-1.70%
Ethereum
ETH
$2,486.55
-1.07%
Tether USDt
USDT
$0.9998
-0.02%
BNB
BNB
$740.03
-1.66%
XRP
XRP
$1.4
-1.85%
USDC
USDC
$0.9999
+0.01%
Solana
SOL
$103.73
-2.61%
TRON
TRX
$0.3345
-0.27%
Hyperliquid
HYPE
$85.16
-3.16%
Zcash
ZEC
$1,141.16
-6.88%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now