Ethereum

United

Bitcoin

mirror

Spot

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoin-and-ethereum-options-expire-today" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Options Expire Today</a><br></p>
<p style="text-align: justify">Today marks the expiration of approximately $5.65 billion worth of Bitcoin (BTC) and Ethereum (ETH) options. Traders and <a href="https://finance.coin-turk.com/" rel="noopener noreferrer nofollow" target="_blank" data-wpel-link="exclude">investors</a> are keenly observing this event, anticipating potential price movements in the cryptocurrency market. Historical trends indicate that such expirations often lead to significant market volatility.</p>
<h2 id="bitcoin-contracts-set-to-expire">Bitcoin Contracts Set to Expire</h2>
<p style="text-align: justify">Data from Deribit reveals that 61,320 Bitcoin contracts, valued at $4.07 billion, are slated for expiration. This is a notable increase from the 20,679 contracts that expired last week. With a put-to-call ratio of 0.61, the maximum dip level for Bitcoin is projected at $63,000.</p>
<p style="text-align: justify">Ethereum options worth over $1.59 billion, encompassing 499,803 contracts, are also expiring today. The put-to-call ratio for Ethereum stands at 0.46, with the dip point estimated at $3,300. These metrics are being closely watched by market participants.</p>
<h2 id="influence-of-spot-ethereum-etfs">Influence of Spot Ethereum ETFs</h2>
<p style="text-align: justify">The recent introduction of spot Ethereum exchange-traded funds (ETFs) in the United States has ignited discussions on current market dynamics. Factors such as the Mt. Gox distribution, ETF exits, and the downturn in Nasdaq are believed to be influencing the current market scenario, according to Deribit analysts.</p>
<p style="text-align: justify">Adam, a <a href="https://en.bitcoinhaber.net/bitcoin-rebounds-at-60400" data-wpel-link="internal" rel="noopener noreferrer nofollow">crypto analyst</a> at Greeks.live, points out that the market formed a deep V trend in July, largely impacted by the German government’s sales. Both BTC and ETH experienced a sharp resurgence in the past two weeks, supported by a significant recovery in the main futures implied volatilities (IVs).</p>
<h2 id="key-observations-for-investors">Key Observations for Investors</h2>
<p style="text-align: justify">• Keep an eye on Bitcoin price, which is fluctuating around the $67,000 mark, indicating a tug-of-war between market forces.<br> • Ethereum’s recent price movement shows a recovery to $3,271 after a dip, signifying potential volatility.<br> • Historical <a href="https://newslinker.co/how-does-artificial-intelligence-work/" target="_blank" rel="noopener noreferrer nofollow" data-wpel-link="exclude">data</a> suggests large option expiration dates can trigger substantial market shifts, so vigilance is essential.</p>
<p style="text-align: justify">Bitcoin’s price continues to mirror early morning trends, hovering around $67,000. Ethereum, after a decline from $3,469 to $3,098, has rebounded by 3% in the last 24 hours, reaching $3,271. Investors should stay alert for potential fluctuations as the market reacts to the expiration of these options.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/bitcoin-and-ethereum-options-expire-today" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Options Expire Today</a></h5>

Bitcoin and Ethereum Options Expire Today

Tabla de contenidos

BH NEWS

Otros artículos publicados el 26 jul 2024

WazirX Suffers $235 Million Hack, Raising Concerns Over Cryptocurrency Security in India

Coinbase Boosts Board with 3 New Appointments, Including Former Clinton Strategist

Ripple’s XRP Shows Potential for Significant Growth

Do Dogecoin and Shiba Inu Still Have It? Experts Predict the Next 10,000% Surge Stories in These ...

Nomura to Launch High-Yield Ether ETF Featuring Staking Options

Bitcoin Reaches New Heights as Investors Remain Optimistic

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!