This Friday will mark another Bitcoin options expiry event where the crypto options exchange Deribit will expire 1.36 Million Bitcoin options worth $9.5 billion. But that’s not all, as $5.7 Billion worth of Ether options will also finish their journey here.
With the crypto options expiring, an upward pressure would get injected, leading to volatility issues in the crypto market.
What are the Bitcoin Options?
Options in general are known to be the legal contracts under which a buyer has the right to buy an underlying asset at a specific price and at a specific time without any obligations. Here, the user can buy at the preset price and at a later date.
In the case of Bitcoin, the buyer gets to buy or sell the Bitcoin early and with a specific price. With this, the user can predict the bitcoin price amid the fluctuations and make profits.
Also Read: Top Reasons Why AI Altcoins Rallying Today
Other than this, two other important terms related to this are “Call and Put.” If the buyer
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