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Hey there, BTC enthusiasts! 🚀 Bitcoin's price has been pretty chill lately, hovering around $28K after some wild ups and downs last week. It even hit a 6-week high of $28,600 before dropping back down. 🎢 But don't worry, the bulls are keeping things steady, and BTC's market cap is still a whopping $545 billion! 💪 As for altcoins, they're mostly seeing red with minor declines. 📉 Avalanche took the biggest hit, dropping 5.5%, but it's still trading above $10. On the bright side, Trust Wallet Token, RNDR, and BSV are this week's top performers, with gains of 27%, 17%, and 11%, respectively. 🌟 The total crypto market cap is just shy of $1.1 trillion, so let's see if it can break through that barrier soon! 🤞 Happy trading, everyone! 🌐

Hey there, BTC enthusiasts! 🚀 Bitcoin's price has been pretty chill lately, hovering around $28K after some wild ups and downs last week. It even hit a 6-week high of $28,600 before dropping back down. 🎢 But don't worry, the bulls are keeping things steady, and BTC's market cap is still a whopping $545 billion! 💪

As for altcoins, they're mostly seeing red with minor declines. 📉 Avalanche took the biggest hit, dropping 5.5%, but it's still trading above $10. On the bright side, Trust Wallet Token, RNDR, and BSV are this week's top performers, with gains of 27%, 17%, and 11%, respectively. 🌟

The total crypto market cap is just shy of $1.1 trillion, so let's see if it can break through that barrier soon! 🤞 Happy trading, everyone! 🌐

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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🚀BTC enthusiasts, get ready for some action! Today, we're seeing the expiry of around 20,000 Bitcoin options with a notional value of $1.35 billion. But don't fret, the market impact is expected to be minimal as this event is much smaller than previous weeks. 📉 However, keep your eyes peeled for June 28, when a whopping $6.7 billion in notional value derivatives are set to expire. Now that's a date to mark on your calendar! 📆 Today's BTC contracts have a put/call ratio of 0.49, meaning twice as many long (call) contracts are expiring as shorts (puts). The max pain point is at $68,500, a tad higher than current spot prices. This is where most losses could occur. 😬 But don't lose hope, bulls are still ruling the roost in BTC derivatives with almost $1 billion in open interest at the $100,000 strike price. The $75,000 and $80,000 strike prices are also seeing a lot of action with $723 million and $807 million respectively. 🐂 Despite the big macroeconomic data week in the U.S, the crypto market has underperformed, with mainstream coins and altcoins taking a hit. But remember, the crypto market is a rollercoaster ride, so buckle up! 🎢 In addition to Bitcoin, 200,000 Ethereum options expired today with a put/call of 0.36, a max pain point of $3,600, and a notional value of $710 million. The total market capitalization has remained steady at $2.57 trillion over the past 24 hours. However, markets have been on a retreat with a 7.5% decline over the past ten days. Bitcoin is currently hovering around $67,000 following a fall from around $69,500 earlier this week. Analysts are pointing at Bitcoin miner profit taking as a contributing factor to the declines. So, will today's Bitcoin options expiry send markets lower? Only time will tell. Stay tuned! 🕰️
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