Over $2 Billion In Crypto Options Expire As Market Awaits Trump’s Plans
Over two billion dollars in Bitcoin and Ethereum options are facing expiration, coinciding with significant market events, including a Federal Open Market Committee (FOMC) meeting and the Digital Asset Summit. This convergence is creating a mix of tension and opportunity for crypto traders.
The options, amounting to approximately $2.09 billion, include about $1.826 billion in Bitcoin contracts and remain a focal point as their expiration date draws near. Thousands of Bitcoin contracts are set to terminate around the ‘maximum pain’ point, which traders often watch closely, and where options generally expire worthless. For Bitcoin, this maximum pain level is identified at $85,000.
Ethereum options are observing a…