By en.coin-turk.com on July 28, 2023
The king of cryptocurrencies continues to find buyers at $29,170 as the article is being prepared. The critical threshold has not been surpassed. Since BTC has not yet regained $29,700, the downward trend in altcoins continues. On the other hand, Bitcoin is facing the risk of testing the $28,800 support again. So, what can we expect for cryptocurrencies after the $2 billion option that will expire today? Bitcoin Options Large-volume Bitcoin option contracts will expire today as we approach the end of the month. This could be enough to shake up the crypto markets, which have been sluggish for weeks. The biggest Bitcoin option expiration event in the next two months will occur on July 28th with the expiration of 71,000 BTC contracts. The nominal value of this week’s expiration event is $2.08 billion, making it one of the largest events that have occurred for some time. In addition, the […]
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