Today, the cryptocurrency market is poised for a significant event with the expiration of $1.62 billion in options contracts for Bitcoin and Ethereum. This large-scale expiry could result in short-term market fluctuations, primarily influenced by the existing bearish sentiment towards these cryptocurrencies.
Investors and traders should be prepared for potential volatility as the contracts come due. The bearish conditions may potentially amplify the impact of the expiries, causing noticeable ripples in the market.
