The post $15B Crypto Options Expire as CME Outage Heightens Risk appeared on BitcoinEthereumNews.com. BTC, ETH, and XRP options are set to expire this Friday. Crypto traders expect increased volatility following the options expiry. Early signs suggest bullish movement across the crypto market. Approximately $15 billion worth of options in Bitcoin, Ethereum, and XRP are set to expire today, Friday, November 28. Crypto traders are watchful and paying close attention to the development, as most of them expect the situation to trigger volatility across the cryptocurrency market. Options, Put-Call Ratios, and Expectations Details of the options set to expire show that Bitcoin accounts for the dominant share, with $13.42 billion in BTC options due for expiry. Ethereum options that are set to expire today amount to $1.73 billion, while XRP options are worth $15 million. Although the cryptocurrency market remains in an ‘extreme fear’ condition, traders are a bit more positive on the potential effects of the expiring options.  For instance, Bitcoin options exhibit a put-call ratio of 0.56, with a maximum pain price at $ 100,000, while 24-hour trading reveals increased bearish positioning with a 1.12 put-call ratio. Meanwhile, Ethereum exhibits a put-call ratio of 0.48 and a maximum pain price of $3,400, which is above current trading levels of around $3,014. For the expiring XRP options, their put-call ratio is 0.41, with a maximum pain price of $2.30 as the token trades around $2.19. Related: Bitcoin Price Prediction: Buyers Hold $90k as Whales Flip To Aggressive Accumulation Early Bullish Signs Across the Crypto Market Bitcoin maintained a bullish trajectory this week after rebounding from a 2-week-long collapse. The cryptocurrency has returned above $90,000, trading for $91,548 at the time of writing. Traders expect the bullish momentum to continue, potentially pushing the price higher toward the $100,000 landmark. In the meantime, Ethereum is following a similar trajectory, surging approximately 3% in the early… The post $15B Crypto Options Expire as CME Outage Heightens Risk appeared on BitcoinEthereumNews.com. BTC, ETH, and XRP options are set to expire this Friday. Crypto traders expect increased volatility following the options expiry. Early signs suggest bullish movement across the crypto market. Approximately $15 billion worth of options in Bitcoin, Ethereum, and XRP are set to expire today, Friday, November 28. Crypto traders are watchful and paying close attention to the development, as most of them expect the situation to trigger volatility across the cryptocurrency market. Options, Put-Call Ratios, and Expectations Details of the options set to expire show that Bitcoin accounts for the dominant share, with $13.42 billion in BTC options due for expiry. Ethereum options that are set to expire today amount to $1.73 billion, while XRP options are worth $15 million. Although the cryptocurrency market remains in an ‘extreme fear’ condition, traders are a bit more positive on the potential effects of the expiring options.  For instance, Bitcoin options exhibit a put-call ratio of 0.56, with a maximum pain price at $ 100,000, while 24-hour trading reveals increased bearish positioning with a 1.12 put-call ratio. Meanwhile, Ethereum exhibits a put-call ratio of 0.48 and a maximum pain price of $3,400, which is above current trading levels of around $3,014. For the expiring XRP options, their put-call ratio is 0.41, with a maximum pain price of $2.30 as the token trades around $2.19. Related: Bitcoin Price Prediction: Buyers Hold $90k as Whales Flip To Aggressive Accumulation Early Bullish Signs Across the Crypto Market Bitcoin maintained a bullish trajectory this week after rebounding from a 2-week-long collapse. The cryptocurrency has returned above $90,000, trading for $91,548 at the time of writing. Traders expect the bullish momentum to continue, potentially pushing the price higher toward the $100,000 landmark. In the meantime, Ethereum is following a similar trajectory, surging approximately 3% in the early…

$15B Crypto Options Expire as CME Outage Heightens Risk

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  • BTC, ETH, and XRP options are set to expire this Friday.
  • Crypto traders expect increased volatility following the options expiry.
  • Early signs suggest bullish movement across the crypto market.

Approximately $15 billion worth of options in Bitcoin, Ethereum, and XRP are set to expire today, Friday, November 28. Crypto traders are watchful and paying close attention to the development, as most of them expect the situation to trigger volatility across the cryptocurrency market.

Options, Put-Call Ratios, and Expectations

Details of the options set to expire show that Bitcoin accounts for the dominant share, with $13.42 billion in BTC options due for expiry. Ethereum options that are set to expire today amount to $1.73 billion, while XRP options are worth $15 million.

Although the cryptocurrency market remains in an ‘extreme fear’ condition, traders are a bit more positive on the potential effects of the expiring options. 

For instance, Bitcoin options exhibit a put-call ratio of 0.56, with a maximum pain price at $ 100,000, while 24-hour trading reveals increased bearish positioning with a 1.12 put-call ratio.

Meanwhile, Ethereum exhibits a put-call ratio of 0.48 and a maximum pain price of $3,400, which is above current trading levels of around $3,014. For the expiring XRP options, their put-call ratio is 0.41, with a maximum pain price of $2.30 as the token trades around $2.19.

Related: Bitcoin Price Prediction: Buyers Hold $90k as Whales Flip To Aggressive Accumulation

Early Bullish Signs Across the Crypto Market

Bitcoin maintained a bullish trajectory this week after rebounding from a 2-week-long collapse. The cryptocurrency has returned above $90,000, trading for $91,548 at the time of writing. Traders expect the bullish momentum to continue, potentially pushing the price higher toward the $100,000 landmark.

In the meantime, Ethereum is following a similar trajectory, surging approximately 3% in the early hours of Friday to continue in an upward recovery. The leading altcoin traded at $3,059 at the time of writing, according to data from TradingView. Traders expect the cryptocurrency to maintain the level above $3,000 amid more bullish expectations.

Meanwhile, XRP returned to the higher end of its sideways range, which it has maintained for the past few days. It traded for $2.2378 at the time of writing, while aiming for the next Fibonacci resistance of $2.2832 on the daily chart.

Related: Bitcoin and XRP Stabilize as Wall Street Prices in 85% Chance of a December Rate Cut

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Source: https://coinedition.com/xrp-btc-eth-volatility-today-from-crypto-options-expiry-15-billion-cme-outage/

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