Bitcoin (BTC) Volatility Hits Options Markets With $175M in Liquidations, $1B in Open Interest Wiped

Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didnโ€™t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open.

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