Deribit CEO Luuk Strijers said that Bitcoin options traders are preparing for a decline despite positive news about the Fed interest rate cut. The Fed announced a 25 basis point interest rate cut in line with expectations in its decision announced on Wednesday. While Bitcoin (BTC) and altcoins are on the rise following this decision by the FED, an analyst said that the BTC options market is preparing for a decline despite the FED's interest rate cut.