Ethereum

bullish

Bitcoin

Billion

<p>It’s a big Friday in the crypto world as over $11 billion worth of <a href="https://coinpedia.org/news/5-26-bln-in-bitcoin-and-ethereum-options-set-to-expire-is-a-short-term-price-drop-coming/" target="_blank" rel="noreferrer noopener">Bitcoin (BTC) and Ethereum (ETH)</a> options are set to expire today! With the market bouncing back from a recent dump, all eyes are on today’s massive expiry event. Experts say this could shake things up in the short term, with the volume of contracts potentially driving price changes.</p>   
<h2 class="wp-block-heading" id="h-9-48-billion-bitcoin-options-expiry">9.48 Billion Bitcoin Options Expiry</h2>   
<p>Today, about 98,500 <a href="https://www.deribit.com/statistics/BTC/metrics/options" target="_blank" rel="noreferrer noopener nofollow">Bitcoin options contracts</a> are expiring, with a total value of $9.48 billion. This is a massive expiry event, more than three times bigger than last week’s expiry.&nbsp;</p>   
<p>One important thing traders are watching is the “maximum pain point,” which is the price at which most options holders will lose out. For Bitcoin, this is around $80,000. If Bitcoin stays above this price, it could help keep the market steady.</p>   
<p>Right now, Bitcoin’s highest open interest is currently at the $100k mark, with $2 billion tied to this price. This shows that there is still a lot of interest in <a href="https://coinpedia.org/news/will-bitcoin-hit-100k-the-significance-of-november-28-unveiled/" target="_blank" rel="noreferrer noopener">Bitcoin reaching $100,000</a>, but it could face some resistance as it tries to move toward that level.</p>   
<p>But there’s still the bigger expiry event coming at the end of December, which could be even more significant.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-ethereum-options-expiry-nbsp">Ethereum Options Expiry&nbsp;</h2>   
<p>Apart from Bitcoin, <a href="https://www.deribit.com/statistics/ETH/metrics/options" target="_blank" rel="noreferrer noopener nofollow">412,000 Ethereum options</a> contracts are also set to expire today. These contracts are worth a massive $1.47 billion and have a put/call ratio of 0.74, suggesting more bullish bets than bearish ones. The data also shows that the maximum pain point for Ethereum’s options is $2,900.</p>   
<p>Some experts think Ethereum might keep pushing higher, especially since its options market is showing more optimism compared to Bitcoin.</p>   
<p>When combined with Bitcoin’s options expiry, the total value of all these crypto options expiring today reaches an incredible $11 billion.</p>   [post_titles_links postid="386740"]   
<h2 class="wp-block-heading" id="h-current-crypto-market-analysis">Current Crypto Market Analysis</h2>   
<p>With $11 billion worth of options contracts expiring today, we can expect some market shifts. The total value of the <a href="https://coinpedia.org/news/crypto-news-today-nov-29-2024-bitcoin-at-96k-xrp-surges-amid-lawsuit-movements/" target="_blank" rel="noreferrer noopener">cryptocurrency market</a> has been holding steady at around $3.32 trillion. Since the start of November, nearly a trillion dollars has poured into the crypto space, showing that investors are still very interested in the market.</p>   
<p>Right now, Bitcoin is trading at around $95,757, showing signs of recovery, while Ethereum is holding steady at just under $3,550. However, with so much money tied up in these expiring contracts, volatility is likely soon.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1732876662569">
  <strong class="schema-faq-question"><strong>Will Bitcoin hit $100K with this options expiry?</strong></strong> 
  <p class="schema-faq-answer">With $2 billion tied to $100K contracts, traders are optimistic, but BTC may face resistance before reaching this milestone.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1732876674970">
  <strong class="schema-faq-question"><strong>Why is Ethereum showing more bullish sentiment than Bitcoin?</strong></strong> 
  <p class="schema-faq-answer">Ethereum's lower put/call ratio of 0.74 indicates more bullish bets, with optimism around its $2,900 maximum pain point.</p> 
 </div> 
</div>

$11 Billion in Bitcoin and Ethereum Options Set to Expire Today — Volatility Ahead!

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