Today marks a significant moment in the crypto market, with nearly $1.6 billion worth of Bitcoin and Ethereum options set to expire at 1:30 PM IST. This could lead to elevated market volatility.
The expiration of such a large amount of options often signals a potentially sharp change in market dynamics. Many traders and investors are closely watching this event to anticipate future price movements.
As the expiration time nears, speculation is rife about the possible directions in which the market might head. This could influence trading strategies and investment decisions in the short term.