Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

House of Representatives have formed a task force to discuss a range of crypto topics, aiming to “engage with regulators and experts to do a deep dive into this poorly understood and minimally regulated industry,” according to U.S.

The chart below represents the three-month bitcoin options premia for put contracts with strikes at 80% of the spot price, based on data provided by Skew.

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