Concerns of Deeper Selling Pressure on Bitcoin! $10 Billion Worth of Options to Expire
Cryptocurrency markets are focused on the massive Bitcoin options expiry taking place towards the end of this week. Cryptocurrency markets are focused on the massive Bitcoin options expiry scheduled for the end of this week. According to Bloomberg, approximately $10 billion worth of Bitcoin options will expire on Friday at the Deribit crypto derivatives exchange. This figure represents roughly 37% of the total open positions in the market and reinforces expectations of increased volatility among investors.