On Friday, options contracts worth $24 billion in Bitcoin ($BTC ) and $6 billion in Ethereum (ETH) are set to expire. #ETHđ„đ„đ„đ„
The market sentiment is currently dominated by bearish strategies, indicating that many traders are positioning for potential price declines.
This large-scale options expiry is expected to cause a spike in market volatility, so significant price movements in BTC and $ETH are likely around the expiry date.
BTC
68,100.42
-2.40%
$FARM is mentioned, but no specific details are provided in the context.