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Bitcoin and Ethereum Brace for $11 Billion Options Expiry Amid Market Selloff Technology

Bitcoin and Ethereum Brace for $11 Billion Options Expiry Amid Market Selloff

Published: Jun 26, 2026 | ⏱ 1 min read | 👁 13 views | Author: Olivia Stephanie
The cryptocurrency market is witnessing intensified selling pressure as Bitcoin and Ethereum approach a combined $11 billion options expiry. Both digital assets are currently trading below their respective maximum pain points, signalling potential further downside. Market participants are focusing on Bitcoin's critical support level at $60,000. This threshold is seen as pivotal in determining the short-term direction of the leading cryptocurrency. Traders are actively employing downside hedging strategies this week to manage risks associated with the looming options expiry. The unfolding developments highlight the cautious sentiment prevailing in the crypto space amid ongoing volatility.

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