Crypto Markets Eye Recovery with $2B in Bitcoin Options Expiring
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Friday means that crypto options expiry day has come around again and things are finally heating up in crypto markets with volatility abound.
Approximately 28,000 Bitcoin options contracts are expiring on Friday, Nov. 1, with a notional value of around $2 billion.
Today’s options expiry is much smaller than last week’s month-end event, which saw more than double the value of BTC options expiring. Therefore, its impact on spot markets is likely to be muted.
Bitcoin Options Expiry
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