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Bitcoin Options Worth Over $14 Billion Expired Today, One Of The Biggest Events In History: Here's What Crypto Investors Should Expect [Yahoo! Finance]
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The cryptocurrency market could experience major volatility following the largest Bitcoin (CRYPTO: BTC ) options expiry in history on Friday. What Happened : According to leading cryptocurrency derivatives exchange Deribit , Bitcoin options contracts, with nearly $14.38 billion in notional value expired at 3:00 a.m. ET. This figure accounted for 70% of the total Open Interest for BTC options across different expiration dates. Don't Miss: It's no wonder Jeff Bezos holds over $70 million in art — this alternative asset has outpaced the S&P 500 since 1995, delivering an average annual return of 11.4%. Here's how everyday investors are getting started. Over the last five years, the price of gold has increased by approximately 83% — Investors like Bill O'Reilly and Rudy Giuliani are using this platform to create customized gold IRAs to help shield their savings from inflation and economic turbulence. Options are derivatives that give the buyer of the contract the right to buy
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