BTC and ETH Options Expiry Analysis for December 13
As we approach December 13, the options market for Bitcoin (BTC) and Ethereum (ETH) is showing interesting trends. Options expiry dates can have a significant impact on the prices of these cryptocurrencies.
For Bitcoin, the options market is currently indicating a high level of interest among traders. The total open interest for BTC options is around $3.5 billion, with a majority of the contracts set to expire on December 13. This suggests that there could be significant price movements for Bitcoin leading up to this date.
On the other hand, Ethereum’s options market is also showing signs of strength. The total open interest for ETH options is around $1.2 billion, with a significant portion of contracts expiring on December 13 as well. This indicates that Ethereum could also experience price volatility in the days leading up to the expiry date.
Overall, both Bitcoin and Ethereum are likely to see increased trading activity and price movements as we approach December 13. Traders and investors should closely monitor the options market to stay informed about potential price changes for these cryptocurrencies.