Massive Bitcoin and Ethereum Options Expiry Set to Shake Markets

TL;DR Summary
$4.7 billion in Bitcoin and Ethereum options are set to expire, potentially increasing market volatility. Bitcoin and Ethereum have seen recent price gains, with Ethereum benefiting from a new spot ETF approval. Technical analysis suggests possible short-term declines for both cryptocurrencies, with Bitcoin potentially dropping to $67,000 and Ethereum to $3,500. The market shows a bullish sentiment for Bitcoin with a put/call ratio of 0.61, while Ethereum's ratio of 0.84 indicates a more balanced outlook.
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- Bitcoin and Ether options worth $2.7B set to expire Cointelegraph
- Will Crypto Markets March Higher When $1.4B Bitcoin Options Expire? CryptoPotato
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