$11 Billion in Bitcoin Options Expire Tomorrow—Here’s What It Means
Summary
A massive volume of Bitcoin options on Deribit is set to expire on Friday. This event coincides with the Federal Reserve's recent decision to keep interest rates steady despite some dissenting votes. Market participants are closely watching how this massive derivatives expiration might impact the price of Bitcoin.
A third of Deribit's Bitcoin options settle Friday, a day after the Fed held rates with two officials voting to hike. Here's why that matters for Bitcoin's price.
Source: Read the full story at Decrypt
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