📢Crypto Update!🚀

18K Bitcoin options worth $1.23B are set to expire today, a smaller event compared to last week's $15B crypto options expiry. The market's been a bit shaky, with a 5% dip in total capitalization.

Key Points:

- Put/Call ratio for Bitcoin options: 0.64

- Max pain point: $68,000

- Open interest at $70,000 strike price: $900M

- Open interest at $100,000 strike price: $840M

Despite a volatile week, bulls remain confident. Also, 270K Ethereum contracts are due to expire, with a max pain point of $3,400 and a notional value of $890M.

The crypto market showed some resilience yesterday, with total cap hitting $2.67T before reversing. Bitcoin peaked at $69,000 but fell to $66,500, while Ethereum is down 1% to $3,275.

What do you think? Will the market bounce back? Share your thoughts below!👇 #CryptoNews #BitcoinOptions