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The Nexus
BUSINESSJun 29 · 19:41 UTCCOINTELEGRAPHCointelegraph by Marcel Pechman

Bitcoin put-call ratio hits 1-year high: Are bears preparing for drop to $55K?

Bitcoin's put-call ratio has reached a 1-year high, with rising demand for put options and persistent ETF outflows indicating potential bearish sentiment. The market's weakness is highlighted despite lower oil prices, which typically correlate with reduced inflationary pressures.

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Bitcointopicput optionstopicCall optionstopicETFstopicoil pricestopic
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