BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning. Bitcoin (BTC) rose more than 1.2% during the European morning to reach just shy of $77,500 , capping an advance of about 1.7% in the last 24 hours. Derivatives markets may tell a cautious story. Open interest in the June 26 $76,000 put option surged almost 23%, pointing to increased downside protection near current price levels. Bitcoin worth over…
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