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Bullish Bitcoin options dominate May’s $6.5 billion expiry

Bitcoin bulls have strong incentives to push the BTC price above $70,000 on May 31, but the clock is ticking. Bitcoin investors are typically bullish, and despite multiple failed attempts to sustain prices above $71,000, derivatives betting on $80,000 and $90,000 continue to proliferate. This behavior is driven by expectations of high-volatility events such as…
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