The top two cryptocurrencies, Bitcoin and Ethereum, have experienced impressive gains of 3.0% and 5.8%, respectively, in the last 24 hours. Evidently, both these cryptos have benefited hugely from the recent interest rate cut of the US Federal Reserve.
At this juncture, the massive options expiry scheduled for today is extremely crucial. High volatility and price movements could be expected depending on how traders react to this options expiry event.