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Bitcoin edges above $77,000, but institutional activity suggests downside hedging

BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning.

CoinDesk

May 1, 2026·1 min read

Image: CoinDesk

BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning.

Original article

Bitcoin edges above $77,000, but institutional activity suggests downside hedging

Published by CoinDesk

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