Merchants Search Safety as Crypto and Shares Dip on US Debt Ceiling Deadlock — CoinDesk

The buying and selling quantity of ETH put choices expiring on Oct. 8 has soared, in keeping with knowledge from Deribit, a crypto futures and choices trade. A lot of put choices is seen across the $2,700 value stage, which, if breached, can set off lengthy liquidations. A put choice is a contract giving the proprietor the best, however not the duty, to promote, or promote brief, a specified quantity of an underlying safety at a pre-determined value inside a specified timeframe.

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