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Bitcoin Faces $11 Billion Options Expiry Following FOMC Decision
(2 hours ago) · 1 source · Summarized by CryptoBipto
Bitcoin is approaching an $11 billion options expiry event after the Federal Open Market Committee (FOMC) concluded its latest meeting. The large expiry could contribute to short-term price volatility as contracts settle.
WHY IT MATTERS
In traditional and crypto markets, traders can buy "options" — contracts that give them the right to buy or sell an asset at a set price by a certain date.
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SOURCES
- cryptonews.com
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