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Critical Day for Bitcoin: Options Expiry Expected to Trigger Market Volatility Coinotag 19 Jul 2024

Critical Day for Bitcoin: Options Expiry Expected to Trigger Market Volatility 📉

Today, the cryptocurrency market is abuzz as approximately $1.8 billion worth of Bitcoin and Ethereum options are set to expire, signaling potential market volatility. Investors are particularly attentive due to the recent launch of spot Ethereum ETFs, which has intensified market focus. A significant statistic to note is from Deribit, where about $1.31 billion in options are expiring.

Source: en.coinotag.com ↗

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