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Bitcoin News / Bitcoin.com - 1 month ago

Bitcoin Price Nears 4 Million Lira as Turkey’s Currency Hits the Floor

Turkey’s lira has fallen to a fresh record low near 48.8 per dollar, while bitcoin’s price now costs roughly 3.95 million lira. Five years ago, a dollar bought about 8.3 to 8.9 lira. Today it buys nearly six times as many. Behind that slow-moti...

Bitcoin News / Bitcoin.com - 1 month ago

Bitcoin Traders Pile Into Calls as $100B Derivatives Bet Builds

Bitcoin derivatives traders are carrying more than $56 billion in futures exposure and roughly $42 billion in options open interest, while bitcoin sits near $81,273. The stranger part is where the options money is leaning. Market data shows that call...