Bitcoin Slumps As Traders Turn Defensive: Options Market Flashes Red Warning Signal
Bitcoin fell to its lowest level in over two weeks as traders adopted a more cautious stance after the year’s biggest options expiration, Bloomberg reported. At the moment of writing, BTC trades for the highs $66k. Related Reading: GameStop Didn’t Sell Bitcoin — What It Did Instead Will Anger BTC Maxis Bitcoin Options Market Turns Defensive The drop followed the largest Bitcoin options expiry of 2026 so far, with roughly $14 billion in notional contracts rolling off on Friday. Around 30–40% of open interest in front‑month Bitcoin options was wiped out in a single session, leaving a “cleaner” positioning landscape
BTC
Disclaimer: This content is provided via CryptoPanic and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.
