Odaily Planet Daily reported: The cryptocurrency market has seen a much-needed recovery, with Bitcoin prices surging 6.6% in 24 hours to $93,000. However, on the Deribit platform, BTC and ETH put options are still trading at higher prices than call options. In addition, the open interest of Bitcoin futures contracts on the Chicago Mercantile Exchange (CME) has dropped to 121,670 contracts, the lowest level since February 2024, and the open interest of Ethereum futures has also dropped to 1.95 million ETH, the lowest level since September. (CoinDesk)
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Odaily Planet Daily reported: The cryptocurrency market has seen a much-needed recovery, with Bitcoin prices surging 6.6% in 24 hours to $93,000. However, on the Deribit platform, BTC and ETH put options are still trading at higher prices than call options. In addition, the open interest of Bitcoin futures contracts on the Chicago Mercantile Exchange (CME) has dropped to 121,670 contracts, the lowest level since February 2024, and the open interest of Ethereum futures has also dropped to 1.95 million ETH, the lowest level since September. (CoinDesk)