Cryptocurrencies

    $3.4 billion worth of Bitcoin and Ethereum options contracts expiring

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    Approximately 93,600 Bitcoin options contracts valued at $3.4 billion are anticipated to expire on January 26.

    This could potentially add to the selling pressure on the cryptocurrency market.

    Along with Bitcoin, another 931,610 Ethereum options contracts are also nearing their expiration dates.

    These considerable number of expirations raise questions about potential impacts on the selling pressure within the crypto market.

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