Bitcoin price fell below $60,000 today after reports of Israel missile attack on Iran surfaced, which were later confirmed to be Iran’s defense systems taking down drones. Meanwhile, Bitcoin and Ethereum prices rebound due to short squeezes, but traders brace for the last crypto options expiry ahead of this Bitcoin halving as volatility prevails in markets.
Bitcoin and Ethereum Options Worth $2.2 Billion Set To Expire
Crypto market remains volatile ahead of Bitcoin halving and as tensions escalate between Israel and Iran. Stock markets globally saw stock prices plunge as oil price jumps on reports of Middle East conflicts.
Over 21,845 BTC options of notional value $1.35 billion are set to expire, with a put-call ratio of 0.63. The max pain point is $65,000, as per Deribit data. Most traders have put bets at a strike price of $60,000, believing that Bitcoin price remains under selling pressure.
Source: Deribit
In the last 24 hours, BTC call volume is higher at 16,450 than put volume
We współpracy z: https://coingape.com/bitcoin-price-risk-falling-on-options-expiry-before-bitcoin-halving/
