An estimated $5 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are expiring today. Data from the major exchange Deribit shows that 62,000 Bitcoin contracts, amounting to $3.66 billion, are set to expire.
This significant expiry event is being closely monitored by investors and analysts, who are maintaining a positive market outlook for Bitcoin amid these developments.
The expected expiry of these options may influence Bitcoin's price and market dynamics in the coming days, with potential implications for broader cryptocurrency trends.
