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Bitcoin Plunges to $115,000 After Major $12.4B Options Expiry

Bitcoin dropped to $115,000 amidst a significant options expiry worth $12.4 billion.
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AI Analysis

The recent decline in Bitcoin to approximately $115,000 appears to be closely linked to the expiry of a substantial options contract worth $12.4 billion. Such large-scale expiries can lead to increase...

AI Recommendation

Given the recent sharp decline linked to options expiry, it would be prudent for investors to adopt a cautious stance. Those holding long positions might consider reducing exposure or securing profits...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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