Earlier this week, Cointelegraph reported the importance of the upcoming $6.1 billion Bitcoin (BTC) options expiry on March 26. The article made clear that bulls were in control if one excluded the put (sell) options below $47,000, which is likely the case as BTC currently hovers above $50,000.As the expiry date draws closer, it's less likely that traders will be willing to pay … [Read more...] about What the FUD? Fear drives Bitcoin price down, not Friday’s $6.1B expiry
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Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26
Over the past two months, the open interest on Bitcoin options increased by 60% to reach $13.5 billion as the BTC price rose to a new all-time high. The result of Bitcoin's price appreciation and the rising options open interest resulted in a potentially historic $6.1 billion expiry set for March 26.BTC options aggregate open interest. Source: CryptorankMost exchanges offer … [Read more...] about Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26