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Bitcoin Options Traders Bet Above $90,000 as ETF Inflows Continue
Bitcoin traded near $83,238, with $95,000 and $100,000 among popular options strike prices. ETFs recorded $31 million in inflows on Sept. 29.
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Bitcoin (BTC) traded at about $83,238 on Sept. 30 as options traders increasingly bet on a move above $90,000, with $95,000 and $100,000 among the popular strike prices.
Bitcoin exchange-traded funds recorded net inflows for eight consecutive days. The funds received $31 million on Sept. 29.
The positioning indicates that demand for Bitcoin upside exposure remains active despite weaker short-term sentiment.
