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Will Markets Crash Further When $2B Bitcoin Options Expire Today?


Will Markets Crash Further When $2B Bitcoin Options Expire Today?

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Around 34,000 Bitcoin options contracts will expire on Friday, Feb. 6, with a notional value of roughly $2.1 billion. This event is much smaller than last week’s end-of-month expiry.

Crypto markets have collapsed into bear market territory, losing around $686 billion since the start of the week, as sentiment plunges and both retail and institutional investors dump crypto assets.

Read the article at CryptoPotato

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Will $1.4B in Bitcoin Options Expiring Today Move the Market?

Will $1.4B in Bitcoin Options Expiring Today Move the Market?

Will there be more volatility today prompted by the expiry event?
Bitcoin’s short-term holders remain 15% underwater—but selling pressure is easing

Bitcoin’s short-term holders remain 15% underwater—but selling pressure is easing

A reclaim of the $71k level would be a notable confirmation of a bullish pivot.