MAJOR options expiration on Bitcoin and Ethereum: A remarkable 2.7 billion USD in Bitcoin and Ethereum options are set to expire tomorrow, signaling a bullish sentiment in the crypto market. This presents traders with potential opportunities amid rising asset prices.
Bitcoin and Ethereum current trading status: Bitcoin, trading above 100,000 USD, has seen a 2% rise recently, boosting its market cap to nearly 1.99 trillion USD. Similarly, Ethereum is performing well at 3,925 USD with a market cap over 472 billion USD.
Market influences and future outlook: Factors such as inflation trends, possible interest rate cuts, and favorable crypto policies have enhanced Bitcoin’s momentum. Both cryptocurrencies show rising Max Pain levels, indicating robust market activity as a new year approaches.