$2.2B Bitcoin Options Expire Today: What It Means for BTC
Visit this link and make consistent profit in Binance futures trading, receive free bitcoin trading signals and Cornix trading Bot for the best automated trades – https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app Friday has rolled around again, which means more Bitcoin and Ether options contracts are expiring as the spot bear market deepens. Around 35,000 Bitcoin options contracts will expire on Friday, June 12, with a notional value of roughly $2.23 billion. This is slightly larger than last week’s, but is still unlikely to impact spot markets. Crypto markets have continued to decline all week, with around $50 billion leaving the space, but those declines have slowed. Military strikes between the US and Iran have continued, and a deal seems a distant hope. A high inflation print and the SpaceX IPO liquidity drain have also added to macroeconomic headwinds for crypto assets. Bitcoin Options Exp...