Bitcoin Reclaims 63k but Traders Fear Correction Before Deribit Expiry
Traders see limited downside as balanced options positioning and $85 million in spot Bitcoin ETF outflows shape the market before Friday’s expiry.
7 Articles
7 Articles
Bitcoin holds above $63,000 despite ETF outflows; $1.4 billion options expiry in focus
Bitcoin is trading above the $63,000 mark on Friday. The cryptocurrency saw a 2.39% increase in the past twenty-four hours. Markets are now focused on Friday's $1.4 billion options expiry event. Global crypto market capitalization rose by 2.02% to $2.19 trillion. Experts advise caution until Bitcoin clears $67,000 with stronger ETF demand.
Bitcoin climbs above $63K as easing oil prices lift risk appetite
Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. According to data…
Bitcoin Eyes $62K Floor as $1.4 Billion Options Expiry Collides With Treasury Yield Surge
Friday’s coming fast. And Bitcoin’s sitting on a ledge. A $1.4 billion options expiry is set to hit the market… Read the original on Bitcoin Eyes $62K Floor as $1.4 Billion Options Expiry Collides With Treasury Yield Surge. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin Fights To Hold $62,000 Before Friday Options Expiry Tests The Market
Bitcoin trades near $62,850 on Thursday, caught between a short-term bounce and a broken longer-term chart. Friday's 8:00 AM UTC Deribit options expiry, worth $1.4 billion, adds pressure to an already tense week. Traders are watching whether $62,000 holds as support or gives way.The setup looks tight. Call options up to $62,500 total $137 million in value, while puts above $61,000 add up to $121 million. A push above $63,500 before expiry would …
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