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Spooky Szn? Bitcoin Options Worth Record $31 Billion Set to Expire on Halloween

Bitcoin traders are facing a record expiry of $31 billion in options set to expire on Halloween, a notable increase from last month’s $18 billion. Despite a recent flash crash that resulted in a $19 billion liquidation event, which reduced open interest by approximately $7 billion, current open interest at Deribit has risen to an all-time high of $50.27 billion. This includes significant put contracts at the $100,000 strike price and call contracts at $120,000. Analysts have observed that large expirations can lead to heightened volatility, and with cascading liquidations observed recently, the potential for further market fluctuations exists. Meanwhile, Bitcoin is trading around $109,866, reflecting a 0.2% increase. Traders are also anticipating a 97% chance of a Federal Reserve rate cut at the next FOMC meeting, though Bitcoin ETF flows have softened following recent volatility. Historical patterns indicate that large expiries may suppress volatility initially but can lead to significant moves shortly afterward, making the market's future direction uncertain.

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Bitcoin Holds $111K as XRP Leads Gains

Bitcoin has maintained stability above $110,000, showcasing resilience following a significant liquidation event. Ether rose 3.5% to $3,970, with BNB and Solana both gaining over 3%, while XRP jumped 4.5%, leading major cryptocurrency gains. Despite the overall cautious market sentiment, where traders are favoring selective exposure,

XRP Price Analysis: Inverse Head-and-Shoulders Breakout Puts Ripple on Track $2.80

XRP has broken past the $2.50 mark, seeing a 31% increase in trading volume, which suggests a significant bullish structure following weeks of consolidation between $2.35 and $2.50. The momentum indicates a potential rise toward the $2.65-$2.80 range, buoyed by favorable macroeconomic conditions and

Dogecoin Hits $0.20 as Breakout Volume Triples Average

Dogecoin (DOGE) surged 1.8% to reach $0.20, breaking the critical resistance level of $0.1988 with a trading volume that increased by 170% above average. The move is attributed to renewed institutional participation, signaled by heavy trading of 674.52 million tokens, nearly triple the daily average. Currently,

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