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Deribit Exchange Reports Bitcoin Traders Adopting Cautious Stance Ahead of Powell’s Fed Speech
Deribit Exchange Reports Bitcoin Traders Adopting Cautious Stance Ahead of Powell’s Fed Speech
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Deribit exchange News -
Bitcoin options traders are showing measured Optimism as Federal Reserve Chair Jerome Powell prepares to speak on potential June rate cuts. Deribit, the leading crypto options platform, notes strategic demand for protective puts—indicating smart risk management rather than bearish sentiment.
"The market isn’t expecting a crash, but savvy players are preparing for rain," said Deribit CEO Luuk Strijers. Put activity reveals institutions maintaining BTC positions while hedging against macroeconomic volatility.
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