Bitcoin options contracts with a notional value of $3.7 billion are expiring on November 8, following a period of increased volumes and volatility in the market. The put/call ratio of the contracts is 0.72, indicating more long (calls) than short (puts) contract expiries. Open interest is highest at the $80,000 strike price with $1.7 billion in value. Ethereum options contracts with a notional value of $850 million are also expiring. The crypto market has continued to gain momentum, with a total capitalization of $2.67 trillion, and Bitcoin reaching a new all-time high of $76,872. Ethereum has also seen gains of 15% over the past week. Solana and Cardano are leading altcoins with daily gains of 5% and 14%, respectively.



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