Amid the crypto market’s recovery from the slump, a fear of the crash is building as the $3.33B worth of Bitcoin and Ethereum options have expired today. Although crypto options expiry is nothing major, historical records reveal the formation of additional volatility around these events.  Interestingly, the crypto options expire once they become worthless (if not used), but once they expire, the market witnesses slight to significant volatility depending on the investors’ sentiments. Let’s discuss. Bitcoin and Ethereum Options Expired Today According to the Deribit exchange official post, $3.33B in Bitcoin (BTC) and Ethereum (ETH) options were set to expire on the platform and have officially expired at the time of publishing. Out of this, the $2.76B notional value was for the BTC options, with the main pain point being $100k, and a Put/ Call Ratio of 1.02, which is neutral to slightly bullish for the token. In case of… Read More at Coingape.com

The post $3.33B in Bitcoin and Ethereum Options Expires Today appeared first on CoinGape.

Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0

PRC Comment Policy

Your comments MUST BE constructive with vivid and clear suggestion relating to the post.

Your comments MUST NOT be less than 5 words.

Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.

Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.

Constructive REPLY to comments is allowed