Ethereum

bullish

Bitcoin

Billion

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>December 13 crypto options expiry data is released in a bullish market.</li> 
 <li>BTC is trading above $100,000 and ETH, above $3,900.</li> 
</ul> 
<p>Bitcoin and Ethereum options expiry data is released amidst a bullish market that sent Bitcoin above $100,000 yesterday.</p> 
<h2 id="2-7-billion-in-crypto-options-expire-tomorrow">$2.7 Billion in Crypto Options Expire Tomorrow</h2> 
<p>Deribit noted in a new post via X that $2.7 billion in Bitcoin and Ethereum options are set to expire tomorrow morning.</p> 
<p>A total of $2.1 billion in Bitcoin options will expire with a Put/Call Ratio of 0.83, and a Max Pain point of $98,000.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GelePRvXwAADeZX?format=jpg&amp;name=4096x4096" alt="Deribit - Bitcoin options expiry data" width="2640" height="1188" title="$2.7B Bitcoin and Ethereum Options Expire Tomorrow 23">
 <figcaption class="wp-caption-text">
  Deribit – Bitcoin options expiry data
 </figcaption>
</figure> 
<p>Also, $622 million in Ethereum options will expire with a Put/Call Ratio of 0.7 and a Max Pain point of $3,700.</p> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GeleXWmXYAAb-Fs?format=jpg&amp;name=4096x4096" alt="Deribit - ETH options expiry data" width="2638" height="1186" title="$2.7B Bitcoin and Ethereum Options Expire Tomorrow 24">
 <figcaption class="wp-caption-text">
  Deribit – ETH options expiry data
 </figcaption>
</figure> 
<p><a href="https://x.com/DeribitExchange/status/1867130180738683238" rel="nofollow" target="_blank">Deribit</a> also noted that Bitcoin and Ethereum max pain levels continue to climb compared to previous options’ expiry data.</p> 
<p>Tomorrow’s crypto expiry data is released in a bullish market that pushed Bitcoin close to its previous ATH above $100,000.</p> 
<h2 id="bitcoin-trades-above-100-000">Bitcoin Trades Above $100,000</h2> 
<p>At the moment of writing this article, BTC is trading above $100,000, up by over 2% in the last 24 hours.</p> 
<p>The digital asset’s market cap is $1.99 trillion and BTC is getting ready to overtake Google’s 6th position in terms of largest assets by market cap in the world.</p> 
<figure id="attachment_54992" aria-describedby="caption-attachment-54992" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012.jpeg"><img loading="lazy" decoding="async" class="wp-image-54992 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012.jpeg" alt="BTC price in USD today" width="1200" height="800" title="$2.7B Bitcoin and Ethereum Options Expire Tomorrow 25" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/BTC_1D_graph_coinmarketcap-2024-12-12T142729.012-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54992" class="wp-caption-text">
  BTC price in USD today
 </figcaption>
</figure> 
<p>Bitcoin’s recent<a href="https://crypto.ro/en/news/bitcoin-price-holds-above-100k-as-btc-etfs-record-inflows-for-10-consecutive-days/"> price rally</a> was fueled by the latest CPI report which showed rising inflation in the US, in line with economists’ expectations, and the surging odds for a December 18 25 bps interest rate cut by the Fed.</p> 
<p>Other factors triggering BTC’s surge include continued inflows in BTC ETFs and optimism stemming from the upcoming Trump administration in 2025 which will bring crypto-friendly policies.</p> 
<p>Unlike Bitcoin, Ethereum has not been able to reach a new ATH this year, and it’s now trading below $4,000. However, in the past 24 hours, ETH performed better compared to BTC.</p> 
<h2 id="ethereum-trades-above-3-900">Ethereum Trades Above $3,900</h2> 
<p>At the moment of writing this article, ETH is trading above $3,900, up by over 5% today.</p> 
<figure id="attachment_54993" aria-describedby="caption-attachment-54993" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16.jpeg"><img loading="lazy" decoding="async" class="wp-image-54993 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16.jpeg" alt="ETH price in USD today" width="1200" height="800" title="$2.7B Bitcoin and Ethereum Options Expire Tomorrow 26" srcset="https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16.jpeg 1200w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16-300x200.jpeg 300w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16-1024x683.jpeg 1024w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16-768x512.jpeg 768w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16-750x500.jpeg 750w, https://crypto.ro/en/wp-content/uploads/2024/12/ETH_1D_graph_coinmarketcap-16-1140x760.jpeg 1140w" sizes="(max-width: 1200px) 100vw, 1200px"></a>
 <figcaption id="caption-attachment-54993" class="wp-caption-text">
  ETH price in USD today
 </figcaption>
</figure> 
<p>ETH’s market cap is currently above $472 billion.</p> 
<p>Regarding ETH ETFs, since November 22, the crypto products recorded continued inflows, and as of December 12, the cumulative total net flows in the crypto products reached $1.97 billion, according to <a href="https://sosovalue.com/assets/etf/us-eth-spot" rel="nofollow noopener" target="_blank">SoSoValue</a> data.</p> 
<p>The crypto market remains optimistic at the end of 2024, with high expectations from the next year, triggered by optimism and <a href="https://crypto.ro/en/news/binance-records-21-6b-in-user-fund-deposits-in-2024-higher-than-next-10-cexs-combined/">huge achievements</a> in the industry throughout this year.</p>

$2.7B Bitcoin and Ethereum Options Expire Tomorrow

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