Markets at Risk $6.6B Bitcoin Options Expiry

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Friday is Bitcoin options expiration day, and the month-end event is always a big one. Crypto markets have been tanking all week, so will this send them further into the red?

This Friday, around 107,000 Bitcoin options contracts will expire, with a notional value of $6.6 billion.

Moreover, it is an end-of-month expiry event, which is much larger than usual end-of-week expiries so there may be a little market volatility.

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