Will $2B Bitcoin Options Expiry Impact Crypto Markets?
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Friday has come around again, and that means Bitcoin options expiry day, but can it provide a spark of momentum for spot markets, which have been pretty flat all week?
Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion.
This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of bullish news emerging from the United States.
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