The current decline in the crypto market has led investors to buy options to protect themselves against further losses. The announcement of the creation of a crypto strategic reserve by the US and subsequent news of new tariffs on imported goods have caused price swings and increased market volatility. Traders are now turning to put options, indicating that they expect significant downside in the short term. Analysts, such as Arthur Hayes, predict that Bitcoin may retest the $78,000 level and possibly fall even lower to $75,000.



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