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

The story
crypto" class="cross-link" data-cross="1">BTC rises on steady volume and strong technical structure, but surging put interest and muted prediction market odds point to defensive positioning.
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Search / News Video Prices Research Consensus 2026 Data & Indices Sponsored Search / en iframe]:m-auto items-center w-[var(--ad-width)] h-[var(--ad-height)]"> Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email 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. By Jamie Crawley , CD Analytics | Edited by Sheldon Reback May 1, 2026, 9:25 a.m. 1 min read Make preferred on (CoinDesk) Wh
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