Many traders believe the narrative that Bitcoin price drops ahead of CME BTC futures expiries, but data shows the trend is all bark and no bite. Historically, activity surrounding the Bitcoin monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date.
Market capitalization: $2.07T
The BTC dominance: 40.4%
Fear & Greed Index: 27 (Fear)
Aggregated Volume — $119.95B
Aggregated Open Interest — $15.67B