What’s happening:
More than $10 billion worth of Bitcoin $BTC XRP options will expire this Friday at 08:00 UTC on the Deribit exchange.
Why it matters:
The $BTC
95,000 to $105,000 price range is very important for traders because many of these options are connected to this range. This means if Bitcoin’s price moves too far above or below it, the market could become very volatile (prices may move up and down quickly).
However:
Deribit’s DVOL index, which measures how worried traders are about big price moves, shows that there isn’t much fear or concern about this expiry rig
ht now.