Previous Close | 3,363.32 |
Open | 3,363.32 |
Day's Range | 3,306.27 - 3,545.28 |
52 Week Range | 1,988.12 - 4,092.28 |
Start Date | 2015-08-07 |
Algorithm | N/A |
Market Cap | 418.881B |
Circulating Supply | 120.43M |
Max Supply | N/A |
Volume | |
Volume (24hr) | 46.20B |
Volume (24hr) All Currencies | 46.20B |
November's expiry is due Friday at 08:00 UTC, with $9.4 billion in options expiry for bitcoin.Bitcoin's max pain price is $78,000, significantly lower than the current spot price. The majority of the put open interest represent hedging activity and not outright downside bets: European Head of Research at Bitwise - Dragosch.
Bitcoin experienced a significant drop from $98,500 to $95,500 on Sunday, triggering a broader market decline.The volatility led to over $500 million in futures liquidations, predominantly affecting smaller altcoins and midcap futures.Despite the pullback, market sentiment remains optimistic, with analysts still holding a view of bitcoin reaching the landmark $100,000 figure on various catalysts.