A Faces 6.3% Drop as Bitcoin Options Expiry Spurs Sector-Wide Crypto Correction
Vaulta (A) is currently trading at 0.6947, down 6.30% from its 24-hour open of 0.7414, with trading volume reflecting a broader decrease in market activity. The recent price decline is primarily attributed to a sharp correction across the cryptocurrency sector triggered by the expiry of approximately $11.5 billion in Bitcoin options, which led to widespread profit-taking and risk-off sentiment among investors. This sector-wide drawdown was further amplified by reduced trading volumes and a general rotation of institutional capital away from risk assets, impacting Vaulta (A) alongside other major cryptocurrencies. No asset-specific negative news was reported; the price movement aligns with overall market volatility and macroeconomic factors affecting digital assets.