Massive $15 Billion Crypto Options Expire Friday: Market Impact Uncertain

Around 103,000 Bitcoin options contracts will expire this Friday, August 29th, with a notional value of approximately $11.7 billion, making it one of the largest expirations on record. This surge in expiry volume coincides with the end of the month, potentially leading to increased market volatility as traders adjust their positions. Analysts are particularly focused on today’s US July Core PCE report, a key indicator for Federal Reserve policy decisions.