Market Volatility Increases: Large Options Expiration & New Stablecoin
The crypto market has experienced a surge of activity in the last 24 hours driven by two main factors:
$5.9 billion worth of Bitcoin and Ethereum options will expire soon, triggering massive closing, rollover, and hedging actions.
There is also a $2 billion printing of USDT stablecoin, adding an additional trigger to market nerves.
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