US EditionBitcoin Faces Potential Volatility as Crypto Liquidations Exceed $1 Billion Ahead of Options Expiry and Jobs Data
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The public dispute between Donald Trump and Elon Musk accelerated the price drop yesterday, June 5. Read more
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Bitcoin Ethereum NewsBitcoin Faces Potential Volatility as Crypto Liquidations Exceed $1 Billion Ahead of Options Expiry and Jobs Data
Crypto markets experienced significant turbulence as liquidations surpassed $1 billion, with Bitcoin price reacting sharply ahead of key options expiry and US jobs data releases. Major altcoins followed Bitcoin’s downward
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World NEWS LiveWill $3.8B Crypto Options Expiry Impact Market Momentum?
Around 30,700 Bitcoin options contracts will expire on Friday, June 6, and they have a notional value of roughly $3.2 billion. This week’s event is much smaller than last week’s end-of-month expiry, so the impact on spot markets is likely to be minimal. They have already tanked by $150 billion over the past twelve hours. Crypto Options Expiry This week’s batch of Bitcoin options contracts has a put/call ratio of 0.76, meaning that there are slig…
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