$5.26 billion worth of Bitcoin and Ethereum options are set to expire today, leading to expectations of increased market volatility. The expiry includes $4.25 billion worth of Bitcoin options and $1.01 billion worth of Ethereum options. The put-to-call ratios for these options suggest mixed sentiment, with Bitcoin trading above its maximum pain point and Ethereum trading below it. As the expiry approaches, it is likely that BTC will drop and ETH will rise to converge with their respective pain points. The volume of options expiring today is significantly higher than in previous weeks, indicating a rising trend. Analysts believe that implied volatility has increased due to the US elections and policy uncertainties by the Federal Reserve.



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