Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally
Bitcoin options carrying roughly $16 billion in notional value expire on Deribit at 08:00 UTC on Friday, Sept. 25. Calls account for about $9.6 billion of that open interest and puts for about $6.4 billion. Bitcoin trades near $86,300 heading into the settlement, after climbing above $85,000 this week. Two US economic releases and the […] The post Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally appeared first on CryptoSlate.
Key Takeaways
- Bitcoin options carrying roughly $16 billion in notional value expire on Deribit at 08:00 UTC on Friday, Sept.
- Calls account for about $9.6 billion of that open interest and puts for about $6.4 billion.
- Bitcoin trades near $86,300 heading into the settlement, after climbing above $85,000 this week.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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