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Crypto market shows recovery as $7.5B Bitcoin, Ethereum, XRP options expire amid mixed inflation data.

Market News
29 May 2026
Tokenpost
View Source
Bullish
pluang ai news

The crypto market is recovering with gains in Bitcoin, Ethereum, and XRP following a U.S.-Iran ceasefire extension and dip buying by traders. Nearly $7.5 billion in crypto options are expiring today, creating cautious sentiment. Bitcoin shows bullish signals with a max pain price above current levels and favorable call volumes. Ethereum's outlook is mixed with protective puts rising but also bullish candlestick patterns aiding recovery above $2,000. XRP gains momentum with strong whale and institutional interest, eyeing higher strike prices. Inflation concerns and options expiry volatility remain key factors influencing short-term price movements.

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