Bitcoin and Ethereum heading towards 'Blockbuster' Friday
The Bitcoin price could be heading for a blockbuster Friday, according to data analyst firm Skew. According to the company's data, the open interest of all Bitcoin option contracts in the market, including Deribit, OKEx, Huobi, LedgerX and the CME, has risen to over $2 billion, or 88,000 option contracts, shortly before expiration tomorrow Friday. As the following chart shows, this means that the previous annual high from the end of July was once again exceeded.
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