$1.6 Billion in Bitcoin & Ethereum Options Expires Today: Is $62K the Battleground?

Quick Summary:

Open interest (OI), which measures the total value or number of contracts still open, is also a key focus.

Despite the bearish sentiment following Bitcoin’s drop below $60,000, the expiring options suggest a generally optimistic outlook.

Perhaps, the number of contracts expiring today has notably increased compared to last week, signaling heightened market activity.

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Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets: United States

Topics: Billion $62k Expires Bitcoin Options Crypto Ethereum Contracts Battleground Today:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-11 @ 11:11:11 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 278 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 22995698

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 14 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Publisher ID: #112

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