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Bitcoin erases 0.2% bounce after Friday’s $2.24B options expiry

  • Bitcoin erased its gain after Friday’s $2.24 billion options expiry.
  • 0.2% was the approximate gain before Bitcoin reversed the move within two hours.
  • Public data could not establish whether the same options positioning was present.

Bitcoin gained about 0.2% after Friday’s $2.24 billion options expiry but erased the move within two hours. The reaction fell short of a reversal identified in earlier research, while public data could not establish whether similar options positioning was present this time.

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