$3 Billion in Bitcoin and Ethereum Options Expiring Today, Market Brace For Volatility  💱

The crypto market is poised for potential turbulence as $3 billion worth of Bitcoin and Ethereum options are set to expire today. This large expiration often induces sudden price movements, adding to market tension.

Bitcoin has already experienced a significant drop, falling nearly 5% from its all-time high. Such volatility around expiration dates is not uncommon, highlighting the uncertainty and potential for further price changes in the market.

Investors are closely watching the developments, as these expirations could shape market sentiment and indicate future trends for both Bitcoin and Ethereum.