Bitcoin traders are intensifying their hedging strategies following a recent decline in prices that dropped below $100,000. This price dip has prompted many traders to reassess their positions and risk management approaches. Hedging is a common practice among traders to protect against potential losses, especially during volatile market conditions. As the market fluctuates, traders are likely to employ various financial instruments to mitigate risks associated with their investments. The recent price movement has raised concerns among investors, leading to a more cautious stance in trading strategies.
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