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Bitcoin bears could face $440M loss in Friday’s options expiry

The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin bears could face $440M loss in Friday’s options expiry

The bailout of Silicon Valley Bank provided a significant advantage to BTC bulls on the weekly $1.2 billion BTC options expiry.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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