Friday of Expiration
Today is a critical day for the price structure of cryptocurrencies due to internal technical factors.
Massive Options Expiration: The expiration of $14,000 million in options of
#Bitcoin❗ is taking place, one of the largest historical volumes. The point of "maximum pain" (where most contracts expire worthless) is located near $75,000, causing extreme volatility as market makers adjust their positions.
Price Action:
@Bitcoin (BTC): It has fallen 1.9% in the last 24 hours, trading near $68,700. The war uncertainty has neutralized the previous bullish momentum.
#ETH🔥🔥🔥🔥🔥🔥 and Altcoins:
ETH has retraced 2.6% to $2,066, while assets like
#SolanaUSTD and #CardanoStablecoin" are experiencing declines of more than 3% amid widespread risk aversion.
Adoption and Regulation: In a positive piece of "real use" news, SMEs in Cuba have received licenses to operate with
#Criptoactivos abroad, seeking to evade traditional financial restrictions.