Cryptocurrency markets: an exciting journey! 🎢

This week, the cryptocurrency markets saw a huge surge in Ethereum and the US Securities and Exchange Commission (SEC) approval of spot trading funds. 📈

Bitcoin options:

$1.4 billion worth of Bitcoin options expired on May 24, and $4.3 billion expired on May 31. 💥

The call/put ratio is 0.88, and bulls control open interest at $70,000 and $100,000 prices. 🐂

Ethereum:

354,000 Ethereum contracts worth $1.5 billion expired today, with longs outperforming. 🙌

Open interest at $4,000 is valued at $515 million.

Market impact:

$3 billion worth of BTC and ETH options expire today, with limited impact on spot markets.

Market capitalization decreased by 1.3% to $2.68 trillion.

Follow for more digital currency adventures! 🌌🔍🌟

$BTC $ETH $#btc70k #BinanceSquareFamily #btc70k #ويب3 $BNB