Around $9.3 billion in Bitcoin options and $1.6 billion in Ether options are set to expire on June 26, marking one of the largest crypto derivatives events of 2026. Bitcoin trades near $59,648, below its $72,000 max pain level, with traders paying premiums for puts as protection against further price drops. Ether is also under pressure, trading near $1,544, far below its max pain level of $2,000. The large expiry combined with weak spot prices and increased demand for downside hedging could keep volatility high in the near term, with key support levels for Bitcoin at $58,000-$60,000 and Ether at $1,600.
On June 25, 2026, XRP fell to $1.01, marking its lowest price since November 2024 and a 43% decline from the start of 2026. This drop occurred alongside a broader crypto market downturn, with Bitcoin also falling below $58,200. Despite the price decl...
The cryptocurrency market is showing signs of recovery ahead of a major options expiry worth $10.8 billion involving Bitcoin, Ethereum, XRP, and Solana. Bitcoin options worth $9.3 billion are expiring today, with traders hedging for volatility and a ...
Bitcoin exchange reserves recorded a net daily inflow of 656 BTC, signaling increased short-term trading activity despite a weekly net outflow of 8,827 BTC. Europe dominated Binance's BTCUSDT trading volume, highlighting its key role in intraday liqu...
Bitcoin (BTC) recovered to around $59,800 after dipping to $58,206, bouncing back amid a sharp drop in Asian stocks, including an 8% fall in South Korea's Kospi and a 3% decline in Japan's Nikkei. Despite this rebound, Bitcoin's price is still down o...
Solana (SOL) outperformed many major cryptocurrencies during a recent market downturn that saw Bitcoin fall below $60,000, trading around $66.26 with only a 5% weekly decline. This resilience is attributed to growing institutional products, fee reduc...
