Over $2.2 Billion Bitcoin and Ethereum Options Set to Expire on Good Friday
On April 18, over $2.2 billion in Bitcoin and Ethereum options expiring; Bitcoin options total $1.966 billion with a strike price at $82,000, while Ethereum contracts total $279.789 million with a max pain price of $1,600. Analysts highlight potential price volatility post-expiry amid bearish market sentiment.
On Good Friday, over $2.2 billion in Bitcoin and Ethereum options contracts are set to expire, coinciding with ongoing macroeconomic uncertainty in the crypto markets. There is heightened pressure on the Federal Reserve from former President Trump to reduce interest rates; however, Fed Chair Jerome Powell remains steadfast.
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