Today, November 1st, approximately 28,000 Bitcoin options contracts with a notional value of around $2 billion are set to expire.

- The Put/Call ratio is 0.92, indicating an even distribution of long and short positions.

- The maximum pain point is $69,000, which is close to the current spot price.

Also expiring are about 137,000 Ethereum options contracts with a notional value of $350 million.

- The Put/Call ratio is 0.68.

- The maximum pain point is $2,550.

The total notional value of crypto options expiring today is around $2.3 billion.

The cryptocurrency market has lost approximately $100 billion in the last 24 hours, dropping to $2.43 trillion.