Bitcoin’s Options Market Trims Bearish Bias as United States Inflation Report Looms

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“After a peaceful start to the year with alternatives open interest coming off considerably from December, volumes began to get last night with numerous big short-dated alternatives trading overnight,” Patrick Chu, director of institutional sales and trading at non-prescription tech platform Paradigm, informed CoinDesk in a Telegram chat. “Over Paradigm, we saw numerous big interests trading with completion of January topside [January expiry calls] in need.”


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