Crypto Markets Brace for Volatility as $4.8B Options Expire

Over $4.8 billion in cryptocurrency options expired today on Deribit, impacting both Bitcoin and Ethereum markets and potentially influencing short-term price movements. This significant expiration event, primarily involving Bitcoin options worth $3.83 billion and Ethereum options totaling $948 million, has raised concerns about heightened market volatility. As traders adjust their positions, these expiring options could lead to transient price fluctuations.