Here’s What Crypto Investors Should Expect
The cryptocurrency market could experience major volatility following the largest Bitcoin (CRYPTO: BTC) options expiry in history on Friday.
What Happened: According to leading cryptocurrency derivatives exchange Deribit, Bitcoin options contracts, with nearly $14.38 billion in notional value expired at 3:00 a.m. ET.
This figure accounted for 70% of the total Open Interest for BTC options across different expiration dates.
Don’t Miss:
Options are derivatives that give the buyer of the contract the right to buy or sell the underlying asset at a predetermined price and date. Typically, high…
