“Bitcoin Braces for $11 Billion Options Expiry After Fed Rate Decision” — what this page in the network covers. Roughly a third of Deribit's Bitcoin options, worth about $11 billion, are set to expire on Friday, a day after the Federal Reserve held interest rates steady with two officials dissenting in favor of a hike. This massive expiry could inject short-term volatility into the crypto market as traders ad This massive expiry could inject short-term volatility into the crypto market as traders adjust positions.
The Fed's decision, which keeps borrowing costs higher for longer, has already pressured risk assets like Bitcoin, and the options settlement may amplify price swings. Deribit, the largest crypto options exchange, will see a significant portion of open interest roll off, potentially reducing hedging activity and allowing spot price to move more freely. For the complete material, the listing points back to the source inside the network.