On Friday, a significant number of Bitcoin and Ethereum options expired amid a tight clash between bullish and bearish sentiments.
The day before the expiry, both BTC and ETH experienced a notable rally, with Bitcoin gaining 7% and Ethereum 10%. This bullish recovery is noteworthy for traders and investors.
As per data from CoinGape, this strong rally has raised optimism in the market, showing a significant bullish sentiment before the options' expiration.