Will there be more volatility today prompted by the expiry event?

The end of another week has arrived, which brings another Bitcoin and Ethereum options expiry event as spot markets remain sideways.

Around 23,400 Bitcoin options contracts will expire on Friday, July 10, with a notional value of roughly $1.4 billion. This one is smaller than usual expiry events, so there is unlikely to be any impact on spot markets.

Crypto markets gained earlier in the week but have fallen back since the escalation of military action in Iran and the Federal Reserve’s meeting on Wednesday. Around $30 billion has left the space since Monday.

Bitcoin Options Expiry

This week’s batch of…