The cryptocurrency market braces for the expiration of 18,400 Bitcoin options contracts, with a total notional value of approximately $1.1 billion. While today’s expiry is relatively modest compared to last week’s and the upcoming $3.5 billion month-end event, the market remains on alert for any potential shifts.
Understanding the Bitcoin Options Expiry
Bitcoin options are financial contracts that give investors the right, but not the obligation, to buy or sell Bitcoin at a predetermined price before a specified date.·
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