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Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?


Will Markets Continue to Fall When $1.8B Crypto Options Expire Today?

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About 26,000 Bitcoin options contracts totaling roughly $1.6 billion expire on Friday, June 5, a smaller expiry than last week’s end‑of‑month event and unlikely to materially move spot markets. Crypto markets have fallen sharply this week with about $300 billion leaving the sector as Bitcoin weakens and Ether and altcoins are smashed, increasing volatility and downside risk for traders and DeFi participants.

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Around 26,000 Bitcoin options contracts will expire on Friday, June 5, with a notional value of roughly $1.6 billion. This is smaller than last week’s end-of-month event, so it is unlikely to impact spot markets.

Crypto markets have been in sharp decline all week, with more than $300 billion leaving the space as Bitcoin continues to weaken and Ether and the altcoins get smashed.

Read the article at CryptoPotato

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In This News

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