Crypto Market Faces Volatility Before Option Expiration This Week

Geopolitical tensions and macroeconomic events are fueling volatility in the crypto market, with traders watching closely as options expire this Friday. Bitcoin and Ethereum prices fell following the end of a volatile 24-hour period, while gold prices climbed in response to renewed global market uncertainty. The upcoming expiration of more than $3.7 billion worth of Bitcoin and Ethereum options on Deribit is likely to influence the market direction.