Interest Rate Cuts and Options Expiry Place Bitcoin at a Critical Juncture
Simply put About $17 billion worth of Bitcoin options are set to expire on Friday, marking a significant milestone. Experts caution that if prices drop below $108,000, it might trigger forced sell-offs, potentially pushing values down to $96,000. On a brighter note, easing inflation could relieve some pressure, possibly leading to a market rebound later […]
What next for Bitcoin, Ethereum as $9.3B options expiry looms – AMBCrypto News
Most of the bets were predicting a bullish closing price for BTC and ETH. ETH could fall below the max pain point and BTC could end the week above the max pain point. 96,000+ Bitcoin options contracts [BTC] 978,000 for Ethereum [ETH] Expiration date is Friday, April 26th. According to Deribit exchange Deribit, the value […]