- Main event triggers significant market volatility.
- Market sentiment shows optimism despite risks.
- Price movements could be influenced by global tensions.
This significant options expiry is expected to influence cryptocurrency markets, potentially heightening volatility and affecting price movements amid geopolitical tensions.
Investors are closely monitoring the expiration of approximately $2.65 billion in Bitcoin and $364 million in Ethereum options on May 9, 2025. Deribit leads as a major executor of this event, involving key exchanges like Binance and KuCoin. The options market for Bitcoin and Ethereum shows a cautious yet positive sentiment.
“With approximately $2.65 billion in Bitcoin options and $364 million in Ethereum options expiring, we could see increased market volatility leading up to the expiry.” – Deribit Analyst, Deribit. source
Put-to-call ratios exceed 1 for both assets, indicating a mix of downside protection and optimism among traders.
Immediate impacts on Bitcoin, currently trading around $103,000, and Ethereum, near $2,200, include potential price fluctuates due to options expiry. Historical patterns and current geopolitical tensions, particularly between the United States and China, contribute to market unpredictability. The options expiry event may lead to increased volatility, especially considering market call auctions scheduled around the expiry date. Data and analysis hint at possible financial and technological disruptions in the cryptocurrency sector amid ongoing global economic alignments.
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