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Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot

CoinDesk LogoCoinDesk1d ago

Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot - CoinDesk
Quick Summary:

Macro jitters have pushed back BTC to where it was a week ago.

Still, bullish bets in options market remain as popular as ever.

Calls at strikes $101,000 and $110,000 also boast an open interest of over $1 billion each.

More Pictures
Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot - CoinDesk (Picture 1)

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Article Details

Author / Journalist: Omkar Godbole

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 13:58:52 (1 days ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 518 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25000559

View Article Analysis

About CoinDeskCoinDesk Logo

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 7 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions
How long will it take to read this news story?
The story "Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot" has 518 words across 36 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Bitcoin Gives Up Gains Post New Year-Spiral, But $120K Bets Still Remain Hot" was covered 1 days ago by CoinDesk, a news publisher based in United States.
How trustworthy is 'CoinDesk' news outlet?
CoinDesk is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 7 news stories per day.

It's most recent story was published 8 hours ago.
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The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
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  • News ID: #25000559
  • URL: https://beamstart.com/news/bitcoin-gives-up-gains-post-17364319099324
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