Bitcoin options trade shows more bets on retreat after failing to breach $100,000

Bogdan Hofbauer

NEW YORK : Investors in the world's largest cryptocurrency are anticipating a significant downward move after bitcoin failed to hit an all-time peak of $100,000, according to a crypto trading platform citing recent options activity. Bitcoin hit a record high of $99,830 on Nov. 22, but it has since fallen more than 8 per cent to a one-week low of 91,377.32 on Tuesday. The best-known cryptocurrency has soared 120 per cent so far this year and about 34 per cent this month with the election of

Tag-uri: Bitcoin

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