Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Tanimariya on June 16, 2020, 09:43:58 AM
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Open interest on Bitcoin options contracts expiring next Friday amounts to $930 million, but what price action should be expected?
Much attention has been paid to the Bitcoin options and futures market and each week crypto media reports on new record open interest figures being achieved. As the date of another futures and options expiry approaches, traders are becoming anxious due to the fact that the Bitcoin (BTC) price has consistently failed to surpass the $10K mark.
Read more: https://cointelegraph.com/news/930m-in-bitcoin-options-expire-next-friday-time-to-worry