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How Will Crypto Markets React to $1.9B Bitcoin Options Expiring Today?

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How Will Crypto Markets React to $1.9B Bitcoin Options Expiring Today?

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry, so it is unlikely to have any impact on spot markets. Crypto prices have been climbing slowly this week, with around $90 billion being added to total capitalization since Monday. This week’s batch of Bitcoin options contracts has a put/call ratio of 0.71, meaning that there are more longs than shorts expiring. Max pain is around $69,000, according to Coinglass, which is lower than current spot prices, so many could be ou

Source: https://cryptopotato.com/how-will-crypto-markets-react-to-1-9b-bitcoin-options-expiring-today/

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