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Bitcoin Options Open Interest Reaches $2B — Should BTC Traders Worry?

August 21, 2020 by DIGIT
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Open interest on Bitcoin options reached $2 billion but should traders be worried that the majority of August options appear worthless?

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  • bitcoinBitcoin(BTC)$91,101.003.48%
  • ethereumEthereum(ETH)$3,083.810.11%
  • tetherTether(USDT)$1.000.16%
  • solanaSolana(SOL)$217.222.52%
  • binancecoinBNB(BNB)$619.08-0.85%
  • dogecoinDogecoin(DOGE)$0.3765411.08%
  • rippleXRP(XRP)$0.8913.98%
  • usd-coinUSDC(USDC)$1.000.02%
  • staked-etherLido Staked Ether(STETH)$3,079.400.22%
  • cardanoCardano(ADA)$0.7224.60%
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  • bitcoinBitcoin(BTC)$91,101.003.48%
  • ethereumEthereum(ETH)$3,083.810.11%
  • tetherTether(USDT)$1.000.16%
  • solanaSolana(SOL)$217.222.52%
  • binancecoinBNB(BNB)$619.08-0.85%
  • dogecoinDogecoin(DOGE)$0.3765411.08%
  • rippleXRP(XRP)$0.8913.98%
  • usd-coinUSDC(USDC)$1.000.02%
  • staked-etherLido Staked Ether(STETH)$3,079.400.22%
  • cardanoCardano(ADA)$0.7224.60%