Bitcoin ($BTC) is increasingly cementing its place as a hedge against political instability and monetary uncertainty, according to market commentary from crypto trading firm QCP Capital.
QCP Says Bitcoin’s Hedge Role Strengthens as Call Option Activity Increases
According to QCP, investors purchased over 500 $BTC-30MAY25-104K-C (options expiring on May 30 with a strike price of $104,000) and over 800 $BTC-27JUN25-135K-C (options expiring on June 27 with a strike price of $135,000) on Friday alone.
This intense buying activity indicates that further upward movements are expected if Bitcoin continues its rise.
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