Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally

Bitcoin options carrying roughly $16 billion in notional value expire on Deribit at 08:00 UTC on Friday, Sept. 25. Calls account for about $9.6 billion of that open interest and puts for about $6.4 billion. Bitcoin trades near $86,300 heading into the settlement, after climbing above $85,000 this week. Two US economic releases and the […] The post Bitcoin faces $16 billion options expiry Friday, then two more tests hit the rally appeared first on CryptoSlate.