Another Friday is upon us again, which means another batch of Bitcoin options are expiring as the asset holds ground above $70,000. 

Around 26,700 Bitcoin options contracts will expire on Friday, April 10, with a notional value of roughly $1.9 billion. This event is smaller than usual and very similar to last week’s expiry, so it is unlikely to have any impact on spot markets.

Crypto prices have been climbing slowly this week, with around $90 billion being added to total capitalization since Monday.

Bitcoin Options Expiry

This week’s batch of Bitcoin options contracts has a put/call ratio of 0.71, meaning that there are more longs than shorts expiring. Max pain is…