Cryptocurrency market experiences slight decline, with BTC holding at $87,000. The largest options expiration in history may break the calm
On December 26, according to HTX market data, the crypto market experienced a slight decline during Christmas, with BTC currently at $87,115, down 0.48% in 24 hours. Ethereum is at $2,897, down 1.68% in 24 hours. SOL dropped below $120. The total cryptocurrency market cap is now $3.021 trillion, down 0.6% in 24 hours. Additionally, Bitcoin will face the largest options expiration in history today, with approximately 300,000 BTC options contracts (nominal value of about $23.7 billion) expiring. The total value of BTC and ETH options expiring today is $28.5 billion, double that of the same period last year. The market is expected to break the calm and usher in volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Cryptocurrency market experiences slight decline, with BTC holding at $87,000. The largest options expiration in history may break the calm
On December 26, according to HTX market data, the crypto market experienced a slight decline during Christmas, with BTC currently at $87,115, down 0.48% in 24 hours. Ethereum is at $2,897, down 1.68% in 24 hours. SOL dropped below $120. The total cryptocurrency market cap is now $3.021 trillion, down 0.6% in 24 hours. Additionally, Bitcoin will face the largest options expiration in history today, with approximately 300,000 BTC options contracts (nominal value of about $23.7 billion) expiring. The total value of BTC and ETH options expiring today is $28.5 billion, double that of the same period last year. The market is expected to break the calm and usher in volatility.