Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin options open interest hits $34.5B as traders hedge short-term risks amid bullish outlook.

Market News
23 Jun 2026
Tokenpost
View Source
Neutral
pluang ai news

Bitcoin options open interest rose to $34.5 billion, reflecting strong medium-term bullish sentiment among traders. Despite this, recent trading shows increased put option activity, indicating that investors are hedging against near-term downside risks. Most open interest clusters around high strike prices, suggesting strategies for gradual price gains or range-bound trading. This mix of bullish positioning and protective hedging highlights cautious optimism as the market prepares for potential short-term volatility while expecting longer-term gains.

More News

EU approves Cenrifki as first drug targeting disability progression in secondary progressive multiple sclerosis without relapses

EU approves Cenrifki as first drug targeting disability progression in secondary progressive multiple sclerosis without relapses

The European Commission has approved Cenrifki (tolebrutinib) by Sanofi for treating secondary progressive multiple sclerosis (SPMS) without relapses, based on positive phase 3 trial results showing it delays disability progression. This is the first ...

Market News
Bullish
5 minutes ago
argenx hosts webinar on advancing FcRn leadership in autoimmune myositis R&D

argenx hosts webinar on advancing FcRn leadership in autoimmune myositis R&D

argenx, a global immunology company, is hosting a webinar on June 23, 2026, focused on advancing research and development of FcRn blockers for autoimmune myositis. The event features argenx's management and scientific leaders alongside key external e...

Others
Bullish
5 minutes ago
Signify unveils strategy to boost focus, performance, and shareholder value by 2029.

Signify unveils strategy to boost focus, performance, and shareholder value by 2029.

Signify announced a new strategy at its 2026 Capital Markets Day to become a more focused and better-performing company by 2029. The plan includes prioritizing growth in connected lighting and consumer segments while optimizing less profitable areas....

Market News
Bullish
5 minutes ago
EU approves Sanofi's Cenrifki for secondary progressive multiple sclerosis without relapses

EU approves Sanofi's Cenrifki for secondary progressive multiple sclerosis without relapses

The European Commission has approved Sanofi's Cenrifki (tolebrutinib) as the first medicine targeting disability progression in secondary progressive multiple sclerosis (SPMS) without relapses. Approval is based on positive phase 3 clinical trial res...

Market News
Bullish
5 minutes ago
CTO confidence in scaling AI drops to 48% despite rising investments, highlighting integration challenges.

CTO confidence in scaling AI drops to 48% despite rising investments, highlighting integration challenges.

Akkodis' 2026 study reveals CTO confidence in scaling AI has fallen from 82% in 2024 to 48% in 2026, despite rapid AI adoption and increased investments. The main challenge is not technology but integrating AI into company systems, processes, and dec...

Market News
Neutral
20 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App