Crypto Market Recovery or Crash as $7.5B Bitcoin, ETH, XRP Options to Expire Today?
Bitcoin Crypto Ethereum Crypto Market Recovery or Crash as $7.5B Bitcoin, ETH, XRP Options to Expire Today? Crypto market crash stalled and stocks gained higher after the US-Iran ceasefire was extended to another 60 days, with traders eyeing recovery. Bitcoin (BTC), Ethereum (ETH), and XRP are rising amid buy-the-dip action, but $7.5 billion in monthly crypto options are expiring today. Market uncertainty increased amid mixed sentiment, with US PCE inflation coming in hot at 3.8% in line with estimates by JPMorgan, UBS, and Wall Street giants. Bullish technical patterns are forming Bitcoin and Ethereum charts. Meanwhile, XRP price jumped above $1.30 amid massive buying. Long and short liquidations remain balanced, which means traders will determine short-term market direction. Will the crypto market recover or crash further amid mixed sentiment? $6.2B in Bitcoin Options Expiry, Crypto Market Recovery or Crash Ahead? After the PCE data confirmed that inflation increased in the United States, crypto traders are watching todays monthly crypto options expiry. Deribit data shows more than 84K Bitcoin options contracts with a notional value of $6.2 billion are to expire on May 29. The put/call ratio is 0.84 and 24-hour call volume is also higher than put volume, signaling bullish sentiment. Moreover, the max pain price is at









