Ethereum

bullish

Donald Trump

Bitcoin

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>On December 6, $2.3 billion Bitcoin options and $585 million Ethereum options will expire.</li> 
 <li>BTC is trading near $103,000 and ETH is priced above $3,900.</li> 
</ul> 
<p>Bitcoin and Ethereum options data is released amidst a bullish crypto market that saw BTC surpassing the important mark of $100,000, and reaching a new ATH above $103,000.</p> 
<h2 id="crypto-options-expiry-details">Crypto Options Expiry Details</h2> 
<p>Earlier,<a href="https://x.com/DeribitExchange/status/1864614619253232114" rel="nofollow" target="_blank"> Deribit</a> shared a post via X, revealing that $2.88 billion in Bitcoin and Ethereum options will expire tomorrow, December 6, at 08:00 (UTC).</p> 
<p>According to their notes, $2.3 billion in Bitcoin options will expire tomorrow with a Put/Call Ratio of 1.08, and a Max Pain point of $96,000.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeBvNzZWkAIu_Ru?format=jpg&amp;name=4096x4096" alt="BTC options expiry data" width="2638" height="1182" title="$2.88B Bitcoin and Ethereum Options Expire Tomorrow 26">
 <figcaption class="wp-caption-text">
  BTC options expiry data
 </figcaption>
</figure> 
<p>Also, $585 million in Ethereum options will expire with a Put/Call Ratio of 0.53 and a Max Pain point of $3,450.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeBw2fHWQAAEmBi?format=jpg&amp;name=4096x4096" alt="ETH options expiry data" width="2640" height="1184" title="$2.88B Bitcoin and Ethereum Options Expire Tomorrow 27">
 <figcaption class="wp-caption-text">
  ETH options expiry data
 </figcaption>
</figure> 
<p>The crypto options expiry data comes amidst an extremely bullish market that finally saw Bitcoin breaking above $100,000, triggering massive enthusiasm in the industry.</p> 
<h2 id="btc-is-trading-near-103-000-and-eth-above-3-900">BTC is Trading Near $103,000 and ETH Above $3,900</h2> 
<p>At the moment of writing this article, BTC is trading near $103,000, after surpassing this level earlier and hitting a new ATH.</p> 
<p>BTC is up by almost 8% in the past 24 hours and it has a market cap of $2.04 trillion, after surpassing $2.05 million.</p> 
<figure id="attachment_54547" aria-describedby="caption-attachment-54547" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157.jpeg"><img loading="lazy" decoding="async" class="wp-image-54547 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157.jpeg" alt="BTC price in USD today" width="1200" height="800" title="$2.88B Bitcoin and Ethereum Options Expire Tomorrow 28" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-05T155308.157-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54547" class="wp-caption-text">
  BTC price in USD today
 </figcaption>
</figure> 
<p>Bitcoin had a long and difficult journey to get to this<a href="https://crypto.ro/en/news/bitcoin-makes-history-and-surpasses-100000-on-december-5-2024/"> important milestone</a>, and the digital asset’s impressive performance was boosted by the community’s trust, 2024 developments including the launch of BTC ETFs, and the recent US elections which brought Donald Trump back.</p> 
<p>Optimism regarding the upcoming Trump administration that will bring crypto-friendly policies, and a new SEC chair, have boosted the coin to a new ATH today.</p> 
<p>As the crypto industry is celebrating, Trump even congratulated Bitcoiners, taking credit for this latest price boost, and telling people “you’re welcome.” He also said that together, we will make America great again.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeCWdGgXAAAcw3h?format=jpg&amp;name=medium" alt="Trump via social media" width="946" height="564" title="$2.88B Bitcoin and Ethereum Options Expire Tomorrow 29">
 <figcaption class="wp-caption-text">
  Trump via social media
 </figcaption>
</figure> 
<p>While<a href="https://crypto.ro/en/cryptocurrencies/bitcoin/"> Bitcoin</a> recorded this impressive price surge, ETH is also getting ready to surpass $4,000. At the moment of writing this article, ETH is trading above $3,900, up by 6% in the last 24 hours.</p> 
<figure id="attachment_54548" aria-describedby="caption-attachment-54548" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15.jpeg"><img loading="lazy" decoding="async" class="wp-image-54548 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15.jpeg" alt="ETH price in USD today" width="1200" height="800" title="$2.88B Bitcoin and Ethereum Options Expire Tomorrow 30" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-15-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54548" class="wp-caption-text">
  ETH price in USD today
 </figcaption>
</figure> 
<p>Considering the massive optimism flooding the crypto industry, it’s safe to expect ETH to reach a new ATH soon as well.<a href="https://crypto.ro/en/cryptocurrencies/ethereum/"> ETH</a> reached its previous ATH above $4,700 on November 12, 2021.</p>

$2.88B Bitcoin and Ethereum Options Expire Tomorrow

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