Crypto markets are bracing for a massive $6 billion options expiry today, covering Bitcoin, Ethereum, and XRP, alongside the release of U.S. CPI inflation data. Bitcoin leads the way with $5.15 billion in options expiring on Deribit, showing a max pain price of $113,000—higher than the current $111,400—suggesting potential short-term upside. Ethereum options worth nearly $0.79 billion and XRP options totaling $4.33 million are also set to expire, with sentiment indicating modest bullish bias. Matrixport analysts expect the crypto market to remain range-bound as traders hedge against downside risk, balancing call and put volumes amid ongoing macro uncertainty and the upcoming Fed rate decision.

$BTC
$ETH
$XRP

#bitcoin #Ethereum #xrp #cryptooptions