Bitcoin traders just stripped away crash protection – right as the Fed prepares its most unpredictable rate decision in years

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Bitcoin traders have spent the past month reducing protection against a price decline while the Fed has made its next decision harder to predict. The Bitcoin options put-to-call open-interest ratio has fallen to approximately 0.52 from 0.76 in late June, meaning about 52 put contracts remain open for every 100 calls. Meanwhile, Fed Funds futures […]The postBitcoin traders just stripped away crash ...