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![Bitcoin options data shows sub-K BTC price gives bears a 0M payday on Friday Bitcoin options data shows sub-K BTC price gives bears a 0M payday on Friday](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvOTY3ODRhNTYtZGFkMC00YTM1LTkzYzUtMGRjZjI5YTFlMzFmLmpwZw==.jpg)
Markets
November 10, 2022
Bitcoin options data shows sub-$17K BTC price gives bears a $200M payday on Friday
Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The two-day correction totaled a 27% downtrend and wiped out $352 million worth of leverage…