​Traders brace for an August crypto pull-back as protection against $60,000 bitcoin dip becomes top trade

CoinDesk·

​Traders brace for an August crypto pull-back as protection against $60,000 bitcoin dip becomes top trade

60-second summary

Traders are bracing for a potential August crypto pull-back as protection against a $60,000 bitcoin dip becomes a top trade. Market participants are hedging against a possible correction, with some analysts predicting a 10% decline in the coming months.

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