Great insight, Vermont.
I completely missed that connection.
Today, Bitcoin is trading at $92,500.
Down 7.5% since it touched $100K last week.
Bitcoin owners are option hedging against a sell off.
As soon as options are introduced, the big players start to hedge out volatility (or so they think.)
Honestly, I think right now we are just seeing the “bandwagon” emptying a little.
It could be disheartening to some of the “new” folks. It’s just another Tuesday for those of us who have been around this track a few times.