Crypto options activity is keeping Bitcoin stuck near $90K, says Deribit - Source: CoinTelegraph

High Bitcoin options volumes indicate there is still significant interest and capital present in crypto derivatives markets, according to derivatives exchange Deribit, but risk is now being carefully managed, which could explain Bitcoin’s recent price movements.

Bitcoin trading near $90,000 right now “looks a lot clearer when you view it through positioning rather than just price,” the Coinbase-owned derivatives exchange said on Wednesday.

Story continues: https://cointelegraph.com/news/crypto-options-activity-keeps-bitcoin-stuck-near-90-000-says-deribit