🚀 Bitcoin enthusiasts, get ready for an exciting Friday! Approximately 48,700 BTC options contracts, worth a whopping $3.7 billion, are set to expire today. This massive expiry follows a surge in market activity, fueled by recent political events and a promising regulatory outlook.
📈 The put/call ratio stands at 0.72, indicating more bullish sentiment with higher call options. Open interest peaks at the $80,000 strike price, showcasing strong market interest.
🔍 While the broader crypto market cools, Bitcoin continues to shine, recently hitting an all-time high of $76,872. With the Federal Reserve's rate cut, BTC's 30-day gains soar to nearly 22%. Keep an eye on the charts!