The broader cryptocurrency market maintains a bullish character, with Bitcoin (BTC) advancing above $80,000 on Friday amid a $6.16 billion options expiry. Ethena (ENA) extends double-digit gains over the last 24 hours as Ethena Foundation announces buyback of early investors and revenue buyback. Official Trump also emerges as a top performer with double-digit gains, testing the bullish breakout of its 200-day EMA at $2.725.

CoinMarketCap’s Fear and Greed Index at 83 on Friday indicates a firm bullish sentiment in the crypto market. 

Bitcoin’s rally faces over $6 billion options expiry

CoinGlass data shows that Bitcoin options Open Interest (OI) on Deribit stands at around $6.16 billion for…