**Bitcoin and Ethereum: Get Ready for an Exciting Friday!**
- This Friday, about 20,000 Bitcoin options contracts worth $1.26 billion will expire. 🎢
- Next week, more than $5.3 billion in Bitcoin contracts will also expire, so get ready!
- This week's put/call ratio is 0.85, meaning there are slightly more long (call) contracts than short (put) contracts.
**What do the Experts Say?**
- Greeks Live says the Fed's rate cut this week has sent the crypto market up, while US stocks are sluggish.
- Implied volatility has dropped significantly, especially in the short term.
**Ethereum Joins the Bandwagon, Too!**
- About 124,000 Ethereum options worth $303 million will also expire this week.
- Ethereum's put/call ratio is 0.66.
**Crypto Markets: On the Rise!**
- The crypto market cap rose $120 billion this week, reaching $2.27 trillion. - Bitcoin briefly reached $64,000 before dropping to $63,900.
- Ethereum also rose to $2,550 before returning to $2,530.
What do you think? Will the crypto market continue to rise? Comment below!