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Will Crypto Markets Keep Surging When $4B Bitcoin Options Expire Today? 

  • Around $4 billion worth of Bitcoin options contracts are set to expire on July 11, with a put/call ratio of 0.94 and a max pain point of $107,000.
  • The expiration of these contracts is unlikely to heavily influence spot markets, which have shown positive performance recently.
  • Crypto markets have surged, driven by Bitcoin reaching an all-time high of over $117,000 and Ethereum climbing to nearly $3,000.
  • Overall crypto market capitalization has reached $3.7 trillion, with altcoins like Dogecoin, Cardano, Sui, and Hedera also experiencing gains.

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