In a very bullish crypto market, over $3.96 billion in Bitcoin and Ethereum options are set to expire tomorrow, November 15, at 08:00 (UTC).
Bitcoin and Ethereum Options Expiry Details
About $3.39 billion Bitcoin options will expire tomorrow morning, with a Put/Call Ratio of 0.83 and a Max Pain point of $79,000. Also, around $572 million Ethereum options will expire with a Put/Call Ratio of 0.93 and a Max Pain point of $3,000.
Bitcoin Trading Above $90,000
At the moment of writing this article, BTC is trading above $90,000, up by almost 4% in the past 24 hours. Yesterday, BTC reached a new ATH above $93,400 following recent CPI reports. Among Trump's crypto promises, creating a Strategic Bitcoin Reserve stands out.
Ethereum Trading Above $3,200
At the moment of writing this article, ETH is trading above $3,200, up by over 1% in the past 24 hours. Ethereum also debuted a price rally from $2,400 levels, reaching a peak at $3,420 on November 12, with continued inflows in ETH ETFs.
Bitcoin and Ethereum prices are expected to continue rising given the favorable market environment and upcoming initiatives in the US.
