Bitcoin Options Expiry to Impact Prices: Watch Out for Volatility

Bitcoin’s price faced a decline on Tuesday after failing to hold key support levels, creating uncertainty ahead of a significant $14 billion options expiry this week. Despite recent setbacks, bullish sentiment persists among certain segments of investors, fueled by increased interest in year-end call options targeting $100,000. This upcoming expiry, coupled with weakening economic data from the U.S., has led to a cautious yet optimistic outlook within the cryptocurrency market.