Crypto NewsBitcoinExpiry Date of $3 Billion Options on Bitcoin is Approaching! Beware of...

Expiry Date of $3 Billion Options on Bitcoin is Approaching! Beware of Volatility!

Next week, approximately $3 billion worth of Bitcoin options and $1.8 billion worth of Ethereum options expire.

Follow Bitcoin Sistemi Google News Button

Crypto prices are expected to fluctuate next week, with approximately $3 billion worth of options and $1.8 billion worth of options expiring on September 29. This date is particularly notable because it is the end of both the month and the quarter.

Volatility May Increase in as Options Worth $3 Billion Expire

Deribit Chief Commercial Officer Luuk Strijers noted the similarities between the cryptocurrency market and traditional finance, noting that options are approaching their expiration dates, especially quarterly expirations, which “can result in large transaction volumes and fluctuations.”

“The actions of market makers can lead to increased volatility in the market, especially in the period leading up to options expiration,” Strijers said. “Market makers adjust their hedges according to changes in the price of the underlying asset.”

Related News  Four Whales Are Jointly Operating, Selling This Altcoin

While Strijers stated that the impact of monthly and quarterly expirations in September on the price will be greater than daily or weekly expirations, he said that current conditions may not lead to particularly strong market movements.

The Fed's last decision was to keep interest rates constant. It seems more possible for BTC, which has relieved this pressure, to show an upward performance in the new week.

*This is not investment advice.

Buradaki Yorumlardan Bildirim Al

Inline Feedbacks
View all comments

Popular Posts of the Week

Market Value