Massive Bitcoin and Ethereum Options Expiry Could Spark Crypto Price Volatility This Week
• Nearly $1 billion in Bitcoin options contracts expire on January 5th, sparking speculation on the impact to BTC prices • The max pain point for this expiry is around $43,000, but there is significant interest at the $50,000 strike price • Total Bitcoin open interest has fallen from last year's records to around $10.7 billion currently • 255,245 Ethereum options contracts, worth around $574 million, also expire, with a 0.54 put/call ratio • Spot crypto markets are currently flat, with eyes remaining on potential SEC decisions around Bitcoin ETFs next week