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Nearly $3 Billion in Bitcoin and Ethereum Options Expire as Markets Test Breakout Conviction

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TL;DR:

Nearly $3 billion worth of Bitcoin and Ethereum options are set to expire on January 16. This puts derivatives markets in focus just as crypto prices test the strength of a recent rally.

Key Points:

  • Nearly $3 Billion in Bitcoin and Ethereum Options Expire as Markets Test Breakout Conviction
  • Involves BTC, ETH cryptocurrencies

    • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.

    Nearly $3 Billion in Bitcoin and Ethereum Options Expire... | NewsCR