BlockBeats News, December 23rd. The Christmas holiday market's thin liquidity, soaring precious metal prices sapping liquidity, and the upcoming record-breaking options expiration have collectively kept Bitcoin below $90,000 today. Analysts warn that Friday's record options expiration will amplify volatility. Approximately 300,000 BTC options contracts (nominal value around $23.7 billion) expire on Friday, accounting for over half of Deribit's total outstanding Bitcoin contracts.Deribit's Chief Commercial Officer Jean-David Pequignot stated that this options expiration is "breaking records," with a combined BTC and ETH options expiry of $28.5 billion, twice as much as last year.
Analysis: This week's record-setting options expiration will amplify market volatility, with $28....
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