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Bitcoin Options Show Investors Becoming Anxious About Declines

  • Spike in put-to-call ratio signals cynicism, says Olszewicz
  • Spike in ratio in April last year preceded plunge in Bitcoin
Bloomberg business news
WATCH: What makes Bitcoin and cryptocurrencies uniquely prone to manias and bubbles?Source: Bloomberg

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Bitcoin might be registering tepid moves as of late but that doesn’t mean investors have become less anxious about the largest cryptocurrency’s prospect for further declines.