CandleFocus Options Whales Not Convinced! Short-Term Decline in Bitcoin and Two Altcoins, Expect Rise in XRP!
2025-03-07
Author: Content Editor
The White House Crypto Summit, hosted by Donald Trump, has caused disappointment among investors as it was expected that new purchases would be made for a Strategic Bitcoin Reserve in the US. However, the reserve will be funded by seized Bitcoin and will not put any buying pressure on the market. As a result, investors have increased their short-term put options on BTC, ETH, and SOL, expecting further declines. On the other hand, call options on XRP remain strong, and XRP options show a positive trend for maturities longer than one week.
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