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$7.5B Bitcoin and Ethereum options expire today, causing market pressure and potential volatility.

Market News
29 May 2026
Cointribune
View Source
Bearish
pluang ai news

On May 29, 2026, $7.5 billion worth of Bitcoin and Ethereum options expired, with $6.2 billion in Bitcoin and $1.29 billion in Ethereum contracts. The Max Pain prices—where option holders face maximum losses—were above current market prices, intensifying selling pressure and triggering massive liquidations. Bitcoin fell below $74,000 and Ethereum dropped under $2,000, breaking key support levels. The market now faces uncertainty with risks of either a sharp rebound or continued decline, as traders watch critical price points closely.

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