About 19,300 Bitcoin options worth $1.8 billion are set to expire this week. 😮 The put/call ratio is 0.65, indicating more long positions. Open interest is highest at $120,000, indicating bullish sentiment.
Crypto market cap is down 4.4%, with Bitcoin trading around $93,000. Investors are concerned about a possible BTC selloff by the US government and inflation. 📉