Crypto Market Tense Ahead of $3.7B Options Expiry
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Nearly $4 billion worth of bitcoin and Ethereum options expire this Friday, June 6, focusing the attention of a market under pressure. With mostly bullish positions and prices below critical thresholds, this expiry could trigger a wave of volatility. In a tense geopolitical climate, traders and institutional investors proceed cautiously, aware that the slightest price movement could reshuffle the cards in the very short term.
In Brief
- Nearly $3.7 billion in Bitcoin and Ethereum options expire today, an…