This Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out For

As the year comes to a close, Bitcoin (BTC) is app

This Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out For

This Friday’s Bitcoin Options Expiry Could Shake Up The Market: What To Look Out For

As the year comes to a close, Bitcoin (BTC) is approaching a pivotal moment that could lead to increased market volatility. This Friday, December 26, more than $23 billion worth of Bitcoin options are set to expire, marking the largest options expiration in the cryptocurrency’s history.

The daily chart shows BTC’s increased volatility ahead of Friday’s deadline. Source: BTCUSDT on TradingView.com

At the time of writing, Bitcoin was trading at $87,292, having recorded a loss of 2.5% in the past 24 hours and a 30% gap between the current trading price and the record high.

Featured image from DALL-E, chart from TradingView.com 

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