Approximately $3.12 billion worth of Bitcoin and Ethereum options are set to expire today. The expiration of these options has the potential to influence short-term market trends. The notional value of the expiring Bitcoin options is $2.56 billion, with a put-to-call ratio suggesting a prevalence of purchase options. The maximum pain point for these options is $99,500. The expiring Ethereum options have a notional value of $557.04 million, a put-to-call ratio of 0.46, and a maximum pain point of $2,950. Last week's options expired at a much higher volume. Weak market sentiment and concerns about trade policies, including tariffs, are contributing to the current market volatility. Traders will be monitoring macroeconomic events, such as US Unemployment and Non-Farm Payrolls data, to gauge their impact on the market.



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