Home » Bitcoin » Crypto Market Braces for Volatility as $4.6 Billion in BTC and ETH Options Expire

Crypto Market Braces for Volatility as $4.6 Billion in BTC and ETH Options Expire

08.11.2024 13:30 1 min. read Kosta Gushterov
SHARE: SHARES
Crypto Market Braces for Volatility as $4.6 Billion in BTC and ETH Options Expire

The crypto market faces potential turbulence today as nearly $4.6 billion in Bitcoin and Ethereum options approach expiration.

The timing aligns with two major U.S. events that have stirred market sentiment this week: the recent election and the Federal Reserve’s latest policy meeting.

Recent data shows that approximately 48,794 Bitcoin options contracts, worth around $3.7 billion, are due to expire with a peak pain point of $69,000.

For Ethereum, 294,380 contracts worth $854.88 million will also expire, with a maximum pain price of $2,500. In options trading, the maximum pain price is where most options become worthless, causing the greatest financial loss for traders.

As election-driven market excitement slows, Greeks.live analysts note a cooling in the options market, with lower demand for “doomsday” options, which allow early redemption. Implied volatility is down across all major terms, with Ethereum experiencing smaller declines than Bitcoin. Large investors are already positioning themselves for the next year.

This follows the Federal Reserve’s decision to lower interest rates by 0.25%, with Chair Jerome Powell indicating a pause on further hikes. Powell also hinted at staying in his role despite potential challenges to his position amid Trump’s interest in expanding U.S. crypto regulations beyond the SEC.

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

Telegram

SHARE: SHARES
More Altcoins News

First-Ever Staked Crypto ETF Set to Launch in the U.S. This Week

A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.

01.07.2025 9:00 2 min. read Kosta Gushterov

XRP Price Prediction: Can XRP Hit $4 After XRPL EVM Sidechain Launch?

XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]

30.06.2025 22:06 3 min. read Alejandro Ar

Ethereum Launches Onchain Time Capsule to Mark 11th Anniversary in 2026

A community-driven initiative launched Monday is inviting Ethereum users to lock art, memories, and personal messages inside a decentralized “time capsule,” set to be opened on the network’s 11th anniversary next year.

30.06.2025 19:00 1 min. read Kosta Gushterov

Ethereum Accumulation Surges While U.S. Politics Stir Market Uncertainty

A new CryptoQuant report highlights a growing divergence between long-term Ethereum holders and short-term Bitcoin buyers, with significant accumulation behavior unfolding in both markets amid increasing political and economic tension in the U.S.

30.06.2025 18:00 2 min. read Kosta Gushterov
No Comments yet!

Your Email address will not be published.