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$15.6B Bitcoin Options Expiry Clears As BTC Holds Near $84K

Bitcoinist
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$15.6B Bitcoin Options Expiry Clears As BTC Holds Near $84K

TL;DR Roughly $15.6 billion of Bitcoin options expired on Deribit on September 25. Bitcoin traded around $83,600 after the settlement, below the week’s near-$87,000 high but still well above its earlier trading range. XRP and Solana continued outperforming Bitcoin over the week even as the large derivatives expiry passed. One of the largest Bitcoin options […]

Key Takeaways

  1. TL;DR Roughly $15.6 billion of Bitcoin options expired on Deribit on September 25.
  2. Bitcoin traded around $83,600 after the settlement, below the week’s near-$87,000 high but still well above its earlier trading range.
  3. XRP and Solana continued outperforming Bitcoin over the week even as the large derivatives expiry passed.
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Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.