Cryptocurrency markets are preparing for volatility this Friday, with the expiration of August options today.
It is worth noting that the options expiring today are for this month, which significantly raises them to a level higher than in recent weeks.
The expiration highlights the open interest grouped (OI) around critical levels, and analysts note that traders are divided on whether Nvidia's successful earnings from Wednesday, August 27, will be reflected in the volatility of cryptocurrencies.