Investment
Features
FeesSafety
Academy
More
Pluang+

$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.

More News (BTC)

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin nears $65K as U.S. inflation cools, but key investors sell amid uncertain rally.

Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...

Technical Signals
Neutral
4 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
4 hours ago
Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin steadies near $65,500 as Ethereum breaks $1,900 amid soft inflation and market caution.

Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...

Market News
Neutral
6 hours ago
Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin, Ethereum, and Zcash show strong recovery signs while XRP struggles to break resistance levels.

Bitcoin is recovering after a long downtrend, stabilizing around $65,000 and aiming to break key resistance levels at $68,500 and $74,500. Ethereum is performing better, approaching its 100-day EMA resistance near $1,944 with strong buying momentum. ...

Technical Signals
Bullish
8 hours ago
Peter Schiff warns Bitcoin could drop to $20,000, criticizes Strategy's stock sale amid BTC holding risks.

Peter Schiff warns Bitcoin could drop to $20,000, criticizes Strategy's stock sale amid BTC holding risks.

Economist Peter Schiff predicts Bitcoin's price could fall to as low as $20,000, citing resistance near $65,000 and support around $58,000. He criticized Strategy (formerly MicroStrategy) for raising $450 million through stock issuance instead of usi...

Market News
Bearish
8 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App