The cryptocurrency market may experience increased volatility as a substantial amount of Bitcoin and Ethereum options, valued at $2.29 billion, are set to expire today. This large expiry showcases significant open interest in these options, hinting at possible price fluctuations in the market.
The size of the expiring options positions emphasizes the current market sentiment and the degree of speculation among traders. Such expirations often lead to market movement, especially in the presence of economic events and varying price pressures.
