✉news BusinessCrypto first seen 13 h ago, last 8 h ago, peak #17
$11 Billion in Bitcoin Options Set to Expire Amid Midterms
Original: The concentrated expiry of $11 billion in Bitcoin options, coinciding with the U.S. midterm elections, is likely to exacerbate price volatility.
Roughly $11 billion in Bitcoin options contracts are due to expire in a concentrated cluster timed alongside the U.S. midterm elections. Traders warn the simultaneous settlement of large derivatives positions and the political event could amplify price swings in the cryptocurrency market, with investors watching closely for sharp moves in either direction during the expiry window.
Why now: The overlap of a large options expiry with a major U.S. election raises expectations of heightened Bitcoin volatility.
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Evidence
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