Ethereum

Bitcoin

Time

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Today, 107,000 Bitcoin options and 1.04 million Ethereum options are set to expire.</li>
 <li>BTC trades above $61,000 and ETH is priced over $3,400.</li>
</ul>
<p>According to the latest reports from Greeks.live, today, 107,000 Bitcoin options and 1.04 million Ethereum options expire.</p>
<p>BTC options are set to expire with a Put Call Ratio of 0.5, a Maxpain point of $57,000, and a notional value of $6.6 billion.</p>
<p>ETH options are expiring with a Put Call Ratio of 0.59, a Maxpain point of $3,100, and a notional value of $3.6 billion.</p>
<p>According to the same reports, today is the quarterly delivery, with more than $10 billion in national value of options expiring.</p>
<p>June has been a heavy month for the crypto market which saw increased volatility, and a more pessimistic atmosphere as BTC and ETH prices approached the Maxpain point. So far, investors used to believe that this was impossible to reach, according to <a href="https://x.com/GreeksLive/status/1806594061580804259" rel="noopener noreferrer nofollow" target="_blank">Greeks.live</a>.</p>
<p>However, despite the volatility in the market, the IV of BTC and ETH did not show a significant rise, with BTC below 50% IV for all major terms and ETH below 60% IV for all major terms, both of the coins being at low levels.</p>
<p>According to the same notes, the Ethereum ETFs launch is approaching and will probably start trading sometime in July. The IV will be under strong downward pressure for a few days following today’s delivery.</p>
<p>This means that it will be a cost-effective option to buy some call options while the IV is still low.</p>
<p><a href="https://x.com/GreeksLive/status/1806594061580804259/photo/1" rel="noopener noreferrer nofollow" target="_blank"><img loading="lazy" src="https://pbs.twimg.com/media/GRJPtHqaIAAd0uc?format=jpg&amp;name=4096x4096" alt="" width="2108" height="1142" title="107k Bitcoin Options And 1.04M Ethereum Options Expire Today 14"></a></p>
<h2 id="btc-trades-above-61-000-and-eth-above-3-400">BTC trades above $61,000 and ETH above $3,400</h2>
<p>At the moment of writing this article, BTC is trading above $61,000 after reaching earlier prices above $62,000. The coin is up by almost 1% today.</p>
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<p>BTC has been seeing increased volatility during the last 24 hours as the crypto industry watched closely the Trump-Biden <a href="https://crypto.ro/en/news/polifi-tokens-record-losses-ahead-of-todays-presidential-debate/" rel="noopener noreferrer nofollow">Presidential debate</a> which was expected to bring up the crypto subject as well, which failed to happen.</p>
<p>Regarding the price of ETH today, the coin is now trading above $3,400.</p>
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<p>Ethereum ETFs are just around the corner according to analysts’ predictions, and they are expected to be launched sometime<a href="https://crypto.ro/en/news/vanecks-8-a-form-filing-re-confirms-ethereum-etfs-launch-date-around-july-2nd/" rel="noopener noreferrer nofollow"> around July 2-4</a>.</p>

107k Bitcoin Options And 1.04M Ethereum Options Expire Today

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