{"id":37585,"date":"2025-07-18T06:31:43","date_gmt":"2025-07-18T06:31:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=37585"},"modified":"2025-07-18T06:31:43","modified_gmt":"2025-07-18T06:31:43","slug":"crypto-market-cap-tops-4t-will-5b-in-btc-options-ignite-another-up","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=37585","title":{"rendered":"Crypto Market Cap Tops $4T: Will $5B in BTC Options Ignite Another Up?"},"content":{"rendered":"<div>\n<p>Around 41,500 Bitcoin options contracts will expire on Friday, July 18, and they have a notional value of roughly $5 billion.<\/p>\n<p>This event is larger than <a href=\"https:\/\/cryptopotato.com\/will-crypto-markets-keep-surging-when-4b-bitcoin-options-expire-today\/\" data-wpel-link=\"internal\">last week\u2019s<\/a> expiry but unlikely to be enough to influence spot markets, which have been performing solidly this week.<\/p>\n<p>\u2018Crypto Week\u2019 in the United States\u00a0<a href=\"https:\/\/cryptopotato.com\/us-crypto-week-becomes-crypto-chaos-as-lawmakers-battle-over-cbdc\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">has been chaotic<\/a>, but the House <a href=\"https:\/\/x.com\/SenatorHagerty\/status\/1945933801772781967\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">passed<\/a> the GENIUS and CLARITY Acts on Thursday, giving markets a boost.<\/p>\n<p>Meanwhile, Bitcoin cooled from its Monday all-time high while Ethereum finally lifted off after a year in the doldrums.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Massive wins for crypto in the House:<\/p>\n<p>GENIUS Act passes 307-122.<\/p>\n<p>CLARITY Act passes 294-134.<\/p>\n<p>\u2014 David Sacks (@davidsacks47) <a href=\"https:\/\/twitter.com\/davidsacks47\/status\/1945937921976004961?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Bitcoin Options Expiry<\/h2>\n<p>This week\u2019s tranche of Bitcoin options contracts has a put\/call ratio of 0.69, meaning that there are more calls expiring than put contracts. There is also a max pain point of $113,000, around $7,000 below current spot prices, which is where most losses will be made on contract expiry.<\/p>\n<p>Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $120,000, with more than $2.3 billion at this strike price. There is also more than $2 billion OI at $130,000 and $140,000 strike prices as the bulls speculators load up on contracts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Options Expiry Alert<br \/>\nAt 08:00 UTC tomorrow, crypto options worth over $5.6B are set to expire on Deribit.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a>: $4.9B notional | Put\/Call: 0.69 | Max Pain: $113K<a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>: $750M notional | Put\/Call: 1.00 | Max Pain: $2,900<\/p>\n<p>Expiry is in motion. Trade or track it here <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2935.png\" alt=\"\u2935\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\">\u2026 <a href=\"https:\/\/t.co\/rJbXmZvunC\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/rJbXmZvunC<\/a><\/p>\n<p>\u2014 Deribit (@DeribitOfficial) <a href=\"https:\/\/twitter.com\/DeribitOfficial\/status\/1945778711472545937?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 17, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Crypto derivatives provider Greeks Live was still bearish despite this week\u2019s all-time high.<\/p>\n<blockquote>\n<p>\u201cThe group shows a bearish consensus with traders successfully predicting and positioning for downward movement,\u201d they <a href=\"https:\/\/x.com\/GreeksLive\/status\/1945481363391389868\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">wrote<\/a> in a market update on Wednesday, before today\u2019s surge.<\/p>\n<p>\u201cKey traders are focusing on put-selling strategies and short positions, with several members acknowledging accurate top-calling predictions.\u201d<\/p>\n<\/blockquote>\n<p>Bitcoin is consolidating near recent highs, \u201cwhile the market remains cautious about short-term volatility,\u201d <a href=\"https:\/\/x.com\/DeribitOfficial\/status\/1945441821901156744\" data-wpel-link=\"external\" target=\"_blank\">stated<\/a> Deribit.<\/p>\n<p>In addition to today\u2019s batch of Bitcoin options, there are around 243,000 Ethereum contracts that are also expiring, with a notional value of $750 million, a max pain point of $2,900, and a put\/call ratio of 1.0. This brings Friday\u2019s combined crypto options expiry notional value to around $5.7 billion.<\/p>\n<h2>Crypto Market Outlook<\/h2>\n<p>The crypto market rally has continued as the week comes to an end, with total capitalization hitting an all-time high of over $4 trillion. The top three digital assets are driving market momentum at the moment.<\/p>\n<p>Bitcoin has returned to $120,700 during the Friday morning Asian trading session as it erases weekly losses and moves to 2% from its all-time high.<\/p>\n<p>Ethereum is surging with an 8% daily gain to reach $3,600, its highest level since early January. The move has been primarily driven by <a href=\"https:\/\/cryptopotato.com\/spot-ethereum-etfs-see-record-inflows-as-eth-taps-3400\/\" data-wpel-link=\"internal\">huge ETF inflows<\/a> and a new wave of Ethereum treasury companies.<\/p>\n<p>Meanwhile, XRP has hit an all-time high of $3.64 following a <a href=\"https:\/\/cryptopotato.com\/xrp-surges-20-on-us-stablecoin-regulation-green-light\/\" data-wpel-link=\"internal\">monumental 20% surge<\/a> on the day.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/crypto-market-cap-tops-4t-will-5b-in-btc-options-ignite-another-up\/\" rel=\"nofollow\">Crypto Market Cap Tops $4T: Will $5B in BTC Options Ignite Another Up?<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Around 41,500 Bitcoin options contracts will expire on Friday, July 18, and they have a notional value of roughly $5 billion. This event is larger than last week\u2019s expiry but unlikely to be enough to influence spot markets, which have been performing solidly this week. \u2018Crypto Week\u2019 in the United States\u00a0has been chaotic, but the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-37585","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37585","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37585"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/37585\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}