ChainCatcher news, according to Jin10 reports, despite MicroStrategy's plan to issue stocks to enable it to purchase more Bitcoin, Bitcoin still fell today, dropping about 3% to $95,420 during the session.
Some traders have warned that the market may become volatile in the coming day due to a large amount of open positions in Bitcoin and Ethereum derivatives expiring. On Friday, a record $43 billion in open contracts will expire at the derivatives exchange Deribit, including $13.95 billion in Bitcoin options and $3.77 billion in Ethereum options.