Bitcoin over $ 1: Deribit records 38% of expiring BTC options worth $ 40 billion

Bitcoin over $ 1: Deribit records 38% of expiring BTC options worth $ 40 billion

Bitcoin (BTC): Stability and important options processes

Bitcoin (BTC) has recently been stable above the 1st brand. This comes at a crucial time when important options expired on Friday. In this context, it is worth noting that 38% of the open interest on Deribit, one of the largest trading places for cryptocurrencies, expires in relation to BTC options of $ 40 billion.

The expiry of the options could have a potentially impact on the Bitcoin market, especially with regard to volatility and the price movements. Dealers and investors observe these developments closely because they could provide important information about the future direction of the market.

It remains to be seen how the situation around Bitcoin will develop and what effects the upcoming options can have on the price.