Bitcoin Options to Expire Soon: Could This Lead to a Rise in Crypto Prices?
Thus, it leads up to a much bigger event on May 31, when $4.3 billion worth of Bitcoin options contracts will expire.
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Thus, it leads up to a much bigger event on May 31, when $4.3 billion worth of Bitcoin options contracts will expire.
The cryptocurrency market witnessed downsides during the weekend while Ethereum continued to build strength on its spot ETF approvals.
An analysis of Nifty put options reveals a concentration of Open Interest (OI) at the 22,700 level, implying potential support at this level. On the call side, significant OI concentrations are observed at the 23,200 and 23,500 levels.
The cryptocurrency market reacted mixed to the SEC approving the first ever Ethereum (CRYPTO: ETH) spot ETFs in the U.S.
Leading cryptocurrencies edged lower on Wednesday as investors reacted to the Federal Reserve's concern over inflation in the minutes from the recent policy meeting.