Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
coinpedia 2025-01-03 08:41:52

Massive $2.6 Billion Bitcoin & Ethereum Options Expiry Today: How Will It Impact

Massive $2.6 Billion Bitcoin & Ethereum Options Expiry Today: How Will It Impact

The post Massive $2.6 Billion Bitcoin & Ethereum Options Expiry Today: How Will It Impact appeared first on Coinpedia Fintech News Today, January 3, a huge $2.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts will expire, causing some potential market movements. Out of this, Bitcoin’s options are worth $2.15 billion, and Ethereum’s options total $453 million. Given the recent price changes, this expiry could influence how both assets move in the short term. Bitcoin Options Expiry Bitcoin is seeing 20,000 options contracts worth $2.15 billion expire today. While this is much lower than last week’s $88,537 contracts, it could still cause some price movements. With more long contracts (calls) than short contracts (puts), the market sentiment for Bitcoin remains mostly positive. Bitcoin’s open interest, which refers to the number of contracts that have not yet expired, is highest at the $120,000 level. This suggests that many traders are expecting Bitcoin to climb higher. Meanwhile, the key price to watch is $97,000, as this could show the next direction for Bitcoin. $453 Million Ethereum’s Options Expiry In addition to Bitcoin, Ethereum has 1,323,745 expiring options contracts worth $453 million. The put-to-call ratio of 0.33 suggests more traders are expecting price rises. The maximum pain price for Ethereum is $3,400, which means we might see the price move toward that level. Ethereum has been doing well lately, but it needs to break through $3,600 to keep moving up. What’s Next for Bitcoin and Ethereum? With this massive expiry, the market could see some price changes for both Bitcoin and Ethereum, especially given the recent price swings. Bitcoin is close to $97,000 and could go higher if it clears that resistance. Ethereum is also seeing gains and is approaching $3,430. However, for both to continue their rise, they need to break through key resistance levels.

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
0
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.