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Crypto Traders Brace for BTC, ETH Options Expiry, PCE Inflation Data Coingape 27 set 2024

Crypto Traders Brace for BTC, ETH Options Expiry, PCE Inflation Data 📉

Ethereum USA Bitcoin

The Bitcoin (BTC) price has shown significant strength, surpassing $65,000 levels for the first time since August 1, ahead of today's options expiry.

A total of $5.8 billion BTC options are set to expire today, coinciding with the PCE inflation data release for August.

Similarly, Ethereum (ETH) options worth $1.9 billion are also set to expire, with traders closely watching market movements.

These simultaneous events could lead to significant volatility in the cryptocurrency markets.

Fonte: coingape.com ↗

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