Big week ahead for Bitcoin and Ethereum

This Friday marks a major expiry on Deribit, a leading crypto derivatives exchange, with a whopping $10 billion in Bitcoin and Ether options set to expire (that's over 40% of total open interest!).

Here's the exciting part: over a quarter of these options are expected to expire "in the money," according to Deribit's Luuk Strijers. This could trigger a bullish shift for both BTC and ETH next month!

With such a large expiry, expect some increased volatility in the market this week as positions are closed or rolled over. Stay tuned and buckle up for a potentially exciting ride!

#Bitcoin #Ethereum #DeribitOptions #Cryptocurrency #BullishMarket