Will Bitcoin Options Expiry of $3.7B Drive Crypto Markets to New Peaks
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Friday has come around again, and that means Bitcoin options expiry day, meanwhile, the asset has now entered new price discovery.
Approximately 48,700 Bitcoin options contracts are expiring on Friday, Nov. 8, with a notional value of around $3.7 billion.
Today’s options expiry is much larger than last week’s following a period of increased volumes and volatility on markets, which have been boosted by Donald Trump’s presidential victory in the United States and the premise of a clearer regulatory environment.
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