Crypto Markets Brace for Impact as $640 Million Worth Bitcoin Options Set to Expire Today

Cryptocurrency markets have faced a challenging week, with the significant players experiencing a downturn. An impending derivatives expiry event is now in focus, and market participants wonder if it will bring a much-needed shift. On October 13, approximately 24,000 Bitcoin options contracts, valued at around $640 mil

Cryptocurrency markets have faced a challenging week, with the significant players experiencing a downturn. An impending derivatives expiry event is now in focus, and market participants wonder if it will bring a much-needed shift. On October 13, approximately 24,000 Bitcoin options contracts, valued at around $640 million, are set to expire.