Over $2B in crypto options expire after Fed and crypto summit
Over $2 billion in Bitcoin and Ethereum options expire following the FOMC and Digital Asset Summit, sparking debate over market direction and volatility.
Over $2 billion worth of Bitcoin and Ethereum options are set to expire today, following two major events—the FOMC’s recent decision and the Digital Asset Summit. These expirations may bring short-term turbulence, and many traders are closely watching the outcome as the contracts reach their critical “maximum pain” points.
Options data from Deribit shows a large number of Bitcoin and Ethereum contracts are expiring. For Bitcoin, thousands of contracts are about to close with values aligning near the price zone where most call and put contracts lose…
