CandleFocus Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show
2024-11-05
Author: Content Editor
The current uncertainty surrounding the U.S. election is leading to increased demand for short-term protective measures in the crypto market. Traders are seeking protection against potential price drops in Bitcoin amid projections of volatility due to the election. This is reflected in the pricing of put options on the CME, which are more expensive relative to calls. However, pricing for longer-duration options on both the CME and Deribit signals a positive outlook, with a bias in favor of calls. Analysts expect a year-end rally in Bitcoin's price, but the outcome of the election could lead to a significant price swing.
Related News
Crypto Donations Hit New Milestone Outpacing Oil and Pharma Giants Bitcoin Mining Difficulty Tops 100T for First Time, Piling Pressure on Small Miners Long Bitcoin Short Solana Preferred Tactical Trade Heading Into U.S. Election: 10X Research Market Veteran Says He Didn’t Cause Cardano to Fall ZachXBT Clarifies NFT: Not Intended Speculations on Investigations Why Dogecoin Price is Strategically Positioned For US Election? Will Tron Hold at $0.1597, or Will a Rising Wedge Trigger a Drop to $0.1463? SHIB and DOGE Defy Overall Sentiment, BTC Recovers From Sub-$67K Dip (Market Watch) Aave whales on a selloff spree: can the altcoin survive the dump? Dogecoin, Shiba Inu and Even Cardano Can Rally in 2025, Here's Why Top Free NFT Giveaways and Airdrops for November 2024 Crypto scammers target Indians using fake BBC report Celestia (TIA) Nears $3.72 Year-to-Date Low Amid Growing Sell Pressure Will Microsoft Invest in Bitcoin? The American Giant Institution Announced What Will Happen If It Does Not Make an Investment Decision! Cost of Producing 1 Bitcoin Soars to $49,500: What it Means for Miners Kyoto’s Ryuganji Temple launches 1,500 free goshuin NFTs Bitcoin's 'Shooting Star' Pattern Raises Red Flag, Peter Brandt Backs It Expert Says This Could Be Ethereum Last Dip Before Explosion to $10,000, Citing S&P 500 Correlation Top Layer-2 Projects Surge in Social Activity, Led by Polygon and Starknet Is Cardano Poised for a Double-Bottom Reversal to $0.41? Bitcoin Staking Surges: Over 15% of Wrapped BTC Now Locked in Yield Options Zanzibar launches blockchain sandbox for startups Analyst Explains How Shiba Inu Can Surge 10x VeChain News: Q2 and Q3 2024 Financial Report Highlights VeBetter DAO and Treasury Health Institutions Pour Millions Into Solana as US Election Voting Begins Crypto Billionaire Mike Novogratz Unveils Bitcoin Post-Election Prediction, Says BTC Can Go ‘A Lot Higher Fast’ Curve DAO Seeks to Allocate crvUSD Fees Meme coins surge amid market correction ahead of US election Aave’s Path to $290: Key On-Chain Metrics to Monitor Colorado Resident Loses $6,000 in Bitcoin to Phone Scammer Shiba Inu Lead Announces New Proposal Directed at Forthcoming US President Meet the pro-crypto contenders who could replace SEC chief Gary Gensler Binance Futures Adds POPCATUSDT, MEWUSDT Perpetual Contracts Solana (SOL) Hints at Bearish Shift: Is Drop on The Horizon? Is it Time for Ethereum Price to Bounce Again? XRP eyes 10% rally amid relisting across crypto exchanges and growing institutional demand Here’s why Bitcoin, Solana, Popcat, and Mantra prices are diving Latam Insights Encore: Brazil's Stablecoin Remittance Tax Is Doomed From the Start XRP’s History of Explosive Growth: Will a Risk-On Shift Spark the Next Surge? OpenAI in talks with regulators to become a for-profit company: Report Over $2.6 Billion worth of locked tokens set for release in November Will U.S Elections Day Spark Sui Price Breakout to $8? Ethereum Devcon Attendee Robbed at Knifepoint in Thailand Dogecoin Rallies, Bitcoin ETFs Bleed Ahead of U.S. Elections Bitcoin price needs 2 months to return 'above macro trend' — Forecast XRP Price Prediction for US Election Polling Day Nov 5 What’s New in DePin? Peaq’s Token Launch Date, GAIB and io.net Outreach, Roam Telecom Layer Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show Skeptical Traders Keep SUI Price From Reclaiming $2 Support Binance, CZ’s Lawyers File Motion to Dismiss Amended Complaint in SEC Lawsuit $3M Bitcoin Forecast: Vaneck's Model Sees Central Bank BTC Adoption 5 High-Yield Phygital NFT Categories Redefining Physical Asset Ownership in 2024 ‘Calm before the storm’ — Bitcoin volatility stalls ahead of US election Tron Network Triumph: October Transaction Volume Surges by 8.15% Marathon, Riot record highest monthly BTC production since April halving Gemini Exchange Rolls Out Global Crypto Ads Ahead of US Election Bitcoin Long-Term Holders Offload Over 177k BTC: Is A Price Surge Or Correction Next? These 2 Exchanges Lead in Bitcoin Reserve Growth Since FTX’s 2022 Collapse Bitcoin Holds Strong Above Resistance: Is a New All-Time High Within Reach? XRP Price Gears Up: Is a Major Move on the Horizon? Litecoin’s Defining Moment: What On-Chain Data Says About LTC’s Path Ahead Tron Network Triumph: October Transaction Volume Surges by 8.15% Donald Trump Leads Kamala Harris on Polymarket & Kalshi GCR Suggests He Gamed Donald Trump Polymarket Odds, Whale Dumps $3 Million in Bets XRP 7-Year Chart Reveals Unbroken Support, Bearish or Bullish Signal? Ethereum Price Grinds Lower: Will Support Kick In Soon? BTC Drops Under $68K as Mt.Gox Sends $2.2B Bitcoin to Two Wallets Bitcoin ETFs Surpass 1 Million BTC Holdings In Less Than A Year Since Launch – Details Inside Bitcoin Price Decline Worsens: Could It Be Setting Up for Major Reversal? Bitcoin and Ethereum Decline as Altcoin Volatility Grows Citi and Fidelity Test Digital Currency Trading for Money Market Funds at Singapore Fintech Festival Semler Scientific ‘laser-focused’ on buying Bitcoin, says CEO Mt. Gox moves $2.2 billion worth of bitcoin to unmarked wallets: Arkham Coinbase Secures Major Win In FOIA Case Against US FDIC Marathon, Riot record highest monthly BTC production since April halving Where Prediction Markets Draw the Line on a Trump or Harris Election Win 5 Altcoins That Could Skyrocket If Trump Wins the Election Microsoft risks shareholder lawsuit if it ignores Bitcoin and prices rise — NCPPR How Donald Trump shook the crypto market heading into the 2024 US presidential election Curve Finance, TON drive DeFi evolution with partnerships These crypto ETFs are 'call options' on the US elections US markets, Bitcoin poised for rally regardless of elections outcome Laika AI and Orbofi Collaborate to Offer Cutting-Edge AI Tools for Web3 Users Bitcoin Mining Costs Spike To Nearly $50K As Miners Look To AI For Survival Analyst Predicts Bitcoin Bull Run: MVRV Metric Hints At $95K To $120K Target Analyst Issues Altcoin Warning, Says Black Swan Event Could Trigger ‘Very Last Shakeout’ Manta Network Collaborates with Aethir to Provide Effective GPU Access for Apps Binance Listing Drives Solana Meme Coin PONKE Up 12%, but Gains Fade Quickly Japan's SBI Expands Singapore's Tokenization Project with New Pilots Anchorage Digital, Bullish, Galaxy Digital, Kraken, Nuvei, Paxos and Robinhood partner to introduce Global Dollar Network Toncoin (TON) Endures 10% Loss but May Avoid Deeper Trouble Kaia Integrates with Dune for Blockchain Data Transparency and Growth MANTRA partners with Libre Capital to facilitate tokenized money market funds Here's When XRP Downtrend Can End, Tron (TRX) Shows 36% Rally Everyone Is Missing, Solana (SOL) Price Drops by 11%, But Bullish Signal Is Here Crypto's Defining Moments in the Lead Up to the US Election TON Blockchain Update: Two Critical Fixes Fuel Toncoin’s $20 Ambition Solana’s Monthly Active Addresses Skyrocket to 138 Million as SOL Ecosystem Grows Bitcoin Open Interest Dropped Significantly – Investors Cautions Amid US Election Week? New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies Market Trends Lift Aptos (APT) Price Up, Yet Decline Might Follow Cardano community defends Charles Hoskinson amid online criticism Whale sheds $4M in Trump win-related bets on Polymarket amid elections uncertainty PONKE Price Skyrockets 19% On Binance Support, What's Next?