$80K Bitcoin Becomes the Most Popular Bet, but Will the BTC Price Crash?
Yahoo Finance·2025-11-24 22:05

Bitcoin’s options market is swinging heavily toward bears, with the 80,000putnowemergingasthemostpopularcontractonDeribit.Theputoptionholdsover80,000 put now emerging as the most popular contract on Deribit. The put option holds over 2 billion in open interest, surpassing the 85,000putat85,000 put at 1.97 billion. The once-dominant 140,000callhasseenitsopeninterestdropto140,000 call has seen its open interest drop to 1.56 billion, as per Deribit data. The rise in put demand indicates that investors expect Bitcoin to crash below $80,000. Stronger Setup for a Rally On-chain data from CryptoQuant shows clear capitulation ...