What to Expect from Today’s $4.2B Bitcoin Options Expiry
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Crypto options expiry day has come around again and this Friday is a bumper end-of-month event, but will it shift market momentum?
Around 62,600 Bitcoin options contracts are expiring on Friday, Oct. 25, with a notional value of around $4.26 billion.
Today’s options expiry is a month-end event, which makes it much larger than regular weekly expiries. Moreover, spot markets have been in decline since their high on Monday, so can the trend be reversed?
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