MARKETS04:43 UTC19h ago 1 min readSource: CoinDesk
Bitcoin steady as S&P 500 hits record, but options market isn't buying the peace trade
Image via CoinDesk
Crypto's derivatives desks still want downside protection, QCP says, and long-end yields and gold aren't confirming the risk-on move.
AI Executive Brief
- / Bitcoin remains stable as the S&P 500 reaches a new record high.
- / Derivatives desks in the crypto market are still seeking protection against potential drops.
- / Long-end yields and gold prices do not support the current risk-on sentiment in the market.
AI-generated summary for informational purposes. Verify with original source.
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