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Bitcoin briefly slips below $80,000, but options traders are betting the dip won’t last

Bitcoin’s brief drop below $80,000 during the last 24 hours has exposed a more fragile market after weeks of gains, but options traders are not yet treating the pullback as the start of a deeper breakdown. According to CryptoSlate data, the retreat erased part of a rally that had carried Bitcoin about 37% higher since early April, when traders began rebuilding exposure after a bruising first quarter. BTC has recovere…

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