Futures
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Gold
One platform for global traditional assets
Options
Hot
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CandyDrop
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Launchpad
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Alpha Points
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Futures Points
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JUST IN: The cryptocurrency market is bracing for volatility as major BTC and ETH options expire.
On Friday, March 20, Bitcoin and Ethereum options worth approximately $2.1 billion expire in the cryptocurrency market, potentially triggering short-term volatility.
The majority of this volatility stems from Bitcoin, with nearly $1.7 billion in contracts expiring.
According to Deribit, almost 23,000 contracts are set to close, with the key maximum pain level around $70,000, which could influence price action, reports Coinpedia.