As much as $15.2 billion in Bitcoin and Ethereum options is set to expire on March 29.
The price of the assets will be impacted by the influence of Spot ETF and halving bound to play a role.
The digital currency ecosystem, led by the duo of Bitcoin (BTC) and Ethereum (ETH) is facing liquidity uncertainty at the moment. Despite the positive fundamentals of many altcoin projects, Bitcoin’s influence is still triggering volatility that makes the market unstable.
This unpredictable volatility surge might be compounded within the next 24 hours as Deribit data shows that about $9.5 billion worth of Bitcoin Options Contracts and $5.7 billion for Ethereum are on track for settlement on March 29. As noted by Deribit’s Luuk Strijers, an upward price pressure cannot be ruled out, considering most of the contracts in question will be settled In The Money (ITM).
The Upside for Bitcoin and Ethereum Price
The $15.2 billion quarterly options expiry is considered one of the biggest in the history o

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