Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion.<\/p>\n
This week\u2019s event is a little larger than last week\u2019s<\/a>, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28.<\/p>\n The impact on spot markets is likely to be minimal as markets digest slightly lower-than-expected inflation data from the US this week.<\/p>\n This week\u2019s batch of Bitcoin options contracts has a put\/call ratio of 0.73, meaning that there are slightly more call (long) contracts expiring than puts (shorts).<\/p>\n Moreover, open interest (OI), or the value or number of BTC options contracts yet to expire, remains high at the $120,000 strike price, which is $1.4 billion, according<\/a> to Deribit.<\/p>\n There is also almost $1.6 billion in OI at the $100,000 strike price and $1.3 billion at $120,000. However, the bears are getting bolder, betting almost $850 million that Bitcoin will fall to $70,0000.<\/p>\n Crypto derivatives provider Greeks Live said<\/a> the group was still \u201cpredominantly bearish\u201d on the short-term market outlook despite some positive CPI data<\/a>.<\/p>\n \u201cTraders are watching key potential support levels and discussing a potential bottom for BTC, with some suggesting $60k levels as a possible downside target.\u201d<\/p>\n It added that \u201cskepticism prevails\u201d as the market faded the good CPI print quickly. Other industry experts and analysts have been baffled<\/a> as to why there is so much bearish sentiment<\/a> amid extremely bullish fundamentals.<\/p>\n <\/a>Bitcoin options OI by expiry. Source: Deribit<\/p>\n In addition to the Bitcoin options, there are around 220,000 Ethereum contracts that are also expiring today, with a notional value of $416 million and a put\/call ratio of 0.68. This brings Friday\u2019s combined crypto options expiry notional value to around $3.3 billion.<\/p>\n Crypto markets are back in the red this Friday with a 3.7% slump in total capitalization, which has fallen to $2.76 trillion.<\/p>\n Bitcoin fell back to $80,000 before making a minor recovery to reach $82,000 during the Friday morning Asian session. However, the asset remains weak, and analysts have predicted a fall to $70,000 in a deeper correction.<\/p>\n Ethereum remains at bear market levels, with prices failing to top $1,900 following a fall to $1,830.<\/p>\n The altcoins are generally mixed with larger losses for Cardano (ADA), Pi Network (PI), and Hedera (HBAR) and minor gains for XRP, Binance Coin (BNB), Tron (TRX), and Stellar (XLM).<\/p>\n The post Will Crypto Markets React to $3B Bitcoin Options Expiring Today?\u00a0<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion. This week\u2019s event is a little larger than last week\u2019s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28. The impact on spot markets is likely to be minimal […]<\/p>\n","protected":false},"author":0,"featured_media":51770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51769"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51769"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51770"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Bitcoin Options Expiry<\/h2>\n
Crypto Market Outlook<\/h2>\n
![<\/a>Bitcoin options OI by expiry. Source: Deribit<\/p>\nIn addition to the Bitcoin options, there are around 220,000 Ethereum contracts that are also expiring today, with a notional value of $416 million and a put\/call ratio of 0.68. This brings Friday\u2019s combined crypto options expiry notional value to around $3.3 billion.<\/p>\nCrypto Market Outlook<\/h2>\nCrypto markets are back in the red this Friday with a 3.7% slump in total capitalization, which has fallen to $2.76 trillion.<\/p>\nBitcoin fell back to $80,000 before making a minor recovery to reach $82,000 during the Friday morning Asian session. However, the asset remains weak, and analysts have predicted a fall to $70,000 in a deeper correction.<\/p>\nEthereum remains at bear market levels, with prices failing to top $1,900 following a fall to $1,830.<\/p>\nThe altcoins are generally mixed with larger losses for Cardano (ADA), Pi Network (PI), and Hedera (HBAR) and minor gains for XRP, Binance Coin (BNB), Tron (TRX), and Stellar (XLM).<\/p>\nThe post Will Crypto Markets React to $3B Bitcoin Options Expiring Today?\u00a0<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Around 35,000 Bitcoin options contracts will expire on Friday, March 14, and they have a notional value of roughly $2.9 billion. This week\u2019s event is a little larger than last week\u2019s, but a mammoth end-of-quarter $11 billion options contract expiry is due on March 28. The impact on spot markets is likely to be minimal […]<\/p>\n","protected":false},"author":0,"featured_media":51770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51769"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51769"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51770"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/bitcoinoi-2.jpg\"){kind=link}