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Bitcoin, Ethereum Options Expiry Triggers $2.63 Billion Shake-Up Amid Market Pullback
In a shocking turn of events, the cryptocurrency market has been rocked by the expiration of major Bitcoin and Ethereum options contracts worth an astonishing $2.63 billion. This sudden development has sent shockwaves through the industry, with prices plummeting in response to the significant losses incurred.
As the dust settles, it becomes increasingly clear that the expiry of these massive contracts has triggered a ripple effect throughout the market, resulting in a 6.41% decline in Bitcoin’s value over the past 24 hours and a staggering 15.61% loss for Ethereum over the same period.
Source: ambcrypto.com
