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


by Martin Young
for CryptoPotato
Will Markets Crash Further When $2B Bitcoin Options Expire Today?

Share:

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

In This News

Coins

$ 70.75K

+2.22%

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In This News

Coins

$ 70.75K

+2.22%

Share:

Read More

Bitcoin short term holders are panic selling at a loss but was this capitulation or just a leverage reset?

Bitcoin short term holders are panic selling at a loss but was this capitulation or just a leverage reset?

Bitcoin’s slide through $65,000 and toward $60,000 felt like a stress test the market...
Bitcoin (BTC) Mining Difficulty Sees Major Drop – Unprecedented Since China’s Cryptocurrency Ban

Bitcoin (BTC) Mining Difficulty Sees Major Drop – Unprecedented Since China’s Cryptocurrency Ban

Following the sharp drop in Bitcoin's price, a new mining adjustment was made to ensu...

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


by Martin Young
for CryptoPotato
Will Markets Crash Further When $2B Bitcoin Options Expire Today?

Share:

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

In This News

Coins

$ 70.75K

+2.22%

Share:

In This News

Coins

$ 70.75K

+2.22%

Share:

Read More

Bitcoin short term holders are panic selling at a loss but was this capitulation or just a leverage reset?

Bitcoin short term holders are panic selling at a loss but was this capitulation or just a leverage reset?

Bitcoin’s slide through $65,000 and toward $60,000 felt like a stress test the market...
Bitcoin (BTC) Mining Difficulty Sees Major Drop – Unprecedented Since China’s Cryptocurrency Ban

Bitcoin (BTC) Mining Difficulty Sees Major Drop – Unprecedented Since China’s Cryptocurrency Ban

Following the sharp drop in Bitcoin's price, a new mining adjustment was made to ensu...