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Bitcoin Rises Above $90,000 Following $1.8 Billion Options Expiry

The leading cryptocurrency surged past the $90,000 mark after a major options expiry event removed what analysts described as ‘hedging shackles.’

BTC

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Terms & Concepts
  • Options Expiry: The settlement date when cryptocurrency options contracts expire, potentially impacting market volatility and asset prices.
  • Hedging: A strategy used to offset potential losses in investments by taking an opposite position in related assets.