Bitcoin’s market volatility has been on the rise, and according to Deribit, a cryptocurrency derivatives exchange, this has been accompanied by an increase in demand for Bitcoin put options. Put options are a type of financial instrument that gives the holder the right, but not the obligation, to sell an asset at a predetermined price at a specified time in the future. This suggests that investors may be taking a more cautious approach to the cryptocurrency market.

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	9
People	None
Companies	Deribit, Bitcoin
Currencies	Bitcoin, Ethereum
Securities	None