📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
4/2 "Tariff Liberation Day" is approaching, and Bitcoin is facing the 80,000 defense battle.
As the "Tariff Liberation Day" on April 2 approaches under President Trump's administration, cryptocurrency traders are flocking to the options market to hedge against the risk of further price falls. The open contracts for put options with a strike price of $80,000 are the highest among the contracts expiring on April 4, indicating a growing demand for downside protection.
Bitcoin faces the battle to defend 80,000.
Data from the Deribit options exchange shows that on the expiration date this Friday, 4/4, the open interest for put options with a strike price of $80,000, specifically the ( put option, has reached as high as 2,880 contracts. The surge in purchases of put options indicates a growing demand among investors for downside protection, as put options give holders the right to sell at a specific price within a certain period.
The put/call ratio for options expiring on April 4 at Deribit is 1.36, indicating a strong preference in the market for put options, as it allows for locking in losses from a price fall. The continuous rise in gold also highlights the growing concerns among people.
Bitcoin has fallen 25% from its peak.
Last week, Trump signed an order to impose a 25% tariff on imports of cars and auto parts. The "Tariff Liberation Day" on April 2 is approaching, increasing market uncertainty.
) The United States ignites a storm in the automotive trade: Trump's "Liberation Day" tariffs reshape the global car market (
A series of crypto-friendly declarations announced by Trump upon taking office once pushed the price of Bitcoin to a historic high of $109,588 in January, but his current trade policies have led to a correction of over 25% in BTC prices.
Bitcoin dropped to $81,565 this morning. With the approach of tariff day and the expiration of a large number of contracts, could this trigger a massive liquidation crisis in the market? Has the repeatedly tested 77K by the market already become the bottom? Or will it further drop to the 70K level? In a market filled with uncertainty, investors must manage their positions and risks carefully.
) Market focus returns to the tariff war, BTC consolidating, Arthur Hayes: 77K may be the bottom (
This article 4/2 "Tariff Liberation Day" is approaching, Bitcoin faces an eighty thousand defense battle first appeared in Chain News ABMedia.