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Bitcoin Traders Brace for Swings on $11 Billion Options Expiry

2 outlets · first seen 9h ago · latest 3h ago

BitcoinMarkets
  • Bloomberg Cryptofirst seen

    Bitcoin Traders Brace for Swings on $11 Billion Options Expiry

    Bitcoin traders are bracing for potentially sharper price swings as $11 billion of options expire this week, just days before US midterm elections that could add further uncertainty to crypto markets.

  • News - Cryptonews

    Bitcoin Price Faces $11B Options Expiry After FOMC Uncertainty Clears

    Bitcoin price faces another major test on October 30, when $11 billion in options contracts expire. The FOMC has already delivered its latest interest-rate decision, leaving traders to assess whether Bitcoin can hold its ground as derivatives positioning resets. A relief rally could emerge if the market absorbs the Fed’s message without another selling pressure. The Federal Reserve held interest rates…