Volatility and Price Movements in the Crypto Market

The cryptocurrency market experienced high volatility as Bitcoin traded around the $70,000 psychological level. Daily charts indicate no clear dominance between buyers and sellers. The current status of altcoins such as Ethereum (ETH) and Solana (SOL) is also a source of curiosity. Bitcoin and Ethereum Options Deribit Exchange announced that a three-month period with options on Bitcoin and Ethereum exceeding $15 billion has expired. These option trades can increase market liquidity and trigger volatility, especially as Ethereum stands out with smart contracts and DApps. ETH and SOL Price Movements ETH suffered a 13% value loss in the past two weeks, dropping to $3,561. Depending on the market conditions, it is expected that if the downtrend of ETH continues, the price may drop further. SOL, on the other hand, fell to $186 after following a sideways trend after the recent market correction. However, it is predicted that the price may rise […]

Volatility and Price Movements in the Crypto Market

The cryptocurrency market experienced high volatility as Bitcoin traded around the $70,000 psychological level. Daily charts indicate no clear dominance between buyers and sellers. The current status of altcoins such as Ethereum (ETH) and Solana (SOL) is also a source of curiosity.

Bitcoin and Ethereum Options

Deribit Exchange announced that a three-month period with options on Bitcoin and Ethereum exceeding $15 billion has expired. These option trades can increase market liquidity and trigger volatility, especially as Ethereum stands out with smart contracts and DApps.

ETH and SOL Price Movements

ETH suffered a 13% value loss in the past two weeks, dropping to $3,561. Depending on the market conditions, it is expected that if the downtrend of ETH continues, the price may drop further. SOL, on the other hand, fell to $186 after following a sideways trend after the recent market correction. However, it is predicted that the price may rise with a possible uptrend.

The current market movements are shaped by options expirations and investor decisions. Bitcoin and Ethereum options stand out as a significant source of liquidity in the market, which can affect price fluctuations. Furthermore, current price movements of Solana continue to attract investor interest and may indicate an uptrend.

In short, the cryptocurrency market is going through a volatile period, and the price movements of major cryptocurrencies such as Bitcoin, Ethereum, and Solana provide important indicators for investors. Option transactions and smart contracts are among the key elements of market dynamics.

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how to buy crypto?
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  • ethereumEthereum(ETH)
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  • tetherTether(USDT)
    $1.00-0.01%
  • binancecoinBNB(BNB)
    $536.12-10.28%
  • solanaSolana(SOL)
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