Bitcoin headed for Christmas volatility as 100K BTC options expire

Bitcoin headed for Christmas volatility as 100K BTC options expire
Bitcoin headed for Christmas volatility as 100K BTC options expire

In a Monday tweet, crypto data company Skew reported that 102,200 Bitcoin (BTC) alternatives will end on Friday.Options agreements enable holders to buy or offer Bitcoin at a particular cost, which is known as the strike price. BTC options expiration dates by SkewThe expiration date of Bitcoin choices agreements is extensively regarded as an unpredictable event for the flagship cryptocurrency since, as the expiry nears, holders adjust their contracts. Friday BTC alternatives expiration by strike cost, according to SkewSuch occasions have actually been understood to cause big changes in Bitcoins value.

Bitcoin headed for Christmas volatility as 100K BTC options expire
Bitcoin headed for Christmas volatility as 100K BTC options expire was originally published here https://businessnewsideas0.blogspot.com/2020/12/bitcoin-headed-for-christmas-volatility.html