Bitcoin faces significant volatility ahead of the expiration of $23 billion in options contracts
Options market data indicates that Bitcoin is facing the last weeks of 2025 under significant pressure, with the expiration of $23 billion in options contracts approaching next Friday, which could increase market volatility.
This volume represents more than half of the open contracts on the Deribit platform and reflects traders' expectations for continued downside risks in a more perilous market.
Bitcoin experienced volatility exceeding $130 billion within one hour while trading in the United States on Wednesday, as the overall market capitalization of cryptocurrencies fluctuated around $3 trillion.
Positions remain bearish, with put options concentrated at the $85,000 level, while some signs of optimism are seen in call options between $100,000 and $120,000.
Overall, markets remain volatile, with expectations of continued upward and downward fluctuations at the beginning of the new year.
Source: Bloomberg.
