News
Significance:
7/10

Traders pour over $5bn into bearish Bitcoin bets as deadline called the ‘heaviest of 2025′ approaches

https://www.dlnews.com/articles/markets/will-bitcoin-reclaim-its-record-price-before-august-29

Lance Datskoluo

Mentions

Regions

Code
Name
US
🇺🇸United States

Sentiments

Target
Sentiment
Comment
Bearish
Traders have poured over $5 billion into bearish puts for Bitcoin, indicating skepticism about price recovery.
Bullish
Fed Chair Jerome Powell signaled potential interest rate cuts, which could incentivize risk-on assets like crypto.