Will $4.3B Bitcoin Options Expiring Tank Crypto Markets
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A large end-of-month Bitcoin options expiry event is due this Friday and crypto markets have started to retreat again, will they fall further?
Friday, July 26, will see around 61,200 Bitcoin options contracts with a notional value of around $4.26 billion.
The options expiry event is larger than usual expiries because it is the end of the month.
Moreover, spot markets lost some momentum this week despite the launch of spot Ethereum ETFs in the United States for the first time.
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