As $5 billion worth of Bitcoin options contracts are set to expire on February 28, the cryptocurrency Market could face increased volatility and further price declines. Bitcoin has seen a downward trend recently, currently trading below the crucial support level of $90,000, following a significant sell-off. With many options contracts likely to expire worthless, particularly ...
Crypto markets are preparing for the expiration of nearly $4 billion in Bitcoin and Ethereum options today. Bitcoin options have a notional value of $3.19 billion, with a put-to-call ratio favoring calls, indicating bullish sentiment. The maximum pain point for BTC is set at $100,000, suggesting losses for many option holders if prices remain below ...
Today marks an exciting day for the cryptocurrency Market, with a whopping $18 billion in Bitcoin and Ethereum options set to expire. This event is likely to lead to significant price movements and increased volatility. Currently, Bitcoin’s price is around $97,000, having lost most of its earlier gains this week, missing out on the expected ...
Bitcoin experienced a 3.63% decline after a promising bounce earlier in the week, coinciding with the expiration of $14.5 billion in options on Deribit. Despite some signs of support, like the price not closing below certain Fibonacci levels, the overall performance remains weak, marked by low trading volume and resistance in technical charts. Ethereum is ...
As the year closes, Bitcoin faces significant volatility after peaking above $108,000 but recently dropping below $92,500. This comes amid the expiration of $14 billion in Bitcoin options, raising concerns about potential Market fluctuations. Over the past week, Bitcoin fell about 13%, along with notable declines in Ethereum, Solana, and Dogecoin. Although cryptocurrency funds still ...
