Crypto markets eye recovery with $2.4B Bitcoin options expiry today

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Crypto options expiry day has come around again, and spot markets have been on the back foot all week. Will today’s batch of Bitcoin derivatives make an impact?

Friday, August 2, will see around 37,000 Bitcoin options contracts expire with a notional value of around $2.4 billion.

The options expiry event is smaller than last week’s end-of-the-month event but a little larger than the average expiry.



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