- $2.85B in BTC and ETH options expire, with max pain at $89K for BTC and $2,300 for ETH, driving potential market volatility.
- Trump’s Crypto Summit may impact sentiment, with major leaders discussing U.S. crypto regulations and institutional adoption.
- Expirations and liquidity shifts could lead to sharp price swings as traders adjust positions and react to market conditions.
Bitcoin and Ethereum markets may potentially have sharp price movements as $2.85 billion worth of options contracts expire today. According to Deribit data, around 29,000 BTC and 223,000 ETH contracts expire, aligning with key market events.
💥BREAKING:
— Crypto Rover (@rovercrc) March 7, 2025
$2,850,000,000 worth of #Bitcoin & Ethereum options expire today.
PREPARE FOR VOLATILITY 🚨 pic.twitter.com/r1XXeG7hXg
The max pain points are at $89,000 for Bitcoin and $2,300 for Ethereum, potentially influencing short term price action. This expiry coincides with the first ever U.S. Crypto Summit, hosted by former President Donald Trump.
The event will have major industry leaders to discuss regulatory policies and crypto adoption in the U.S. Additionally, the last trading session of the week often brings increased volatility, adding further uncertainty to the market.
Bitcoin and Ethereum Face Expiry Driven Volatility
Bitcoin leads today’s expiration event with $2.36 billion in notional value, while Ethereum follows with $492 million. Market data shows a put/call ratio of 0.72 for BTC and 0.73 for ETH, indicating the balance between bullish and bearish bets.
Large expirations often lead to sharp price movements as traders adjust positions to reduce losses. With Bitcoin trading around its max pain level of $89,000 and Ethereum near $2,300, the market is tense. Price swings are expected as traders react to expirations, potential liquidations, and shifting sentiment.
The expiry’s impact could be further increased by broader market conditions. Increased liquidity and derivatives positioning may cause sudden price reversals, especially if open interest realigns with prevailing trends.
Trump’s Crypto Summit Adds to Market Uncertainty
Beyond the options expiry, Trump’s Crypto Summit is anticipated by the crypto community. The former U.S. President has openly embraced digital assets, including Bitcoin, Ethereum, XRP, Solana, and Cardano in the U.S strategic reserve.
Market leaders, including Michael Saylor of MicroStrategy, Ripple CEO Brad Garlinghouse, and Coinbase CEO Brian Armstrong, are expected to attend. Discussions will likely focus on crypto regulations, institutional adoption, and policies affecting the domestic market.
The summit’s timing could add volatility, as traders react to statements made by key stakeholders. Policy shifts or new regulatory proposals could drive further market moves, aligning with the expiration event’s impact.
Bitcoin’s Response as the Week Closes
The final trading session of the week often sees increased market activity. With the options expiry and summit coinciding, Bitcoin and Ethereum prices could see increased volatility.
The market will likely monitor BTC, ETH, SOL, ADA, and XRP, particularly as they are part of Trump’s proposed strategic crypto reserve. The market’s reaction to regulatory discussions may influence sentiment going into the next trading week.
