On Friday, June 11, a total of $565 million in Bitcoin options are set to expire. This is significant because the last couple of weeks have been a massive deception for bulls. After all, the price was struggling to sustain the $33,000 support. However, an unexpected bullish turn of events led to an 18.5% hike from the $31,000 low on June 8 to $38,491 today. This strong move saved the bulls because any level below $34,000 would have wiped 98% of the current call (buy) options.

The Top-10 cryptocurrencies are traded in the red zone. Uniswap -4.3%, Dogecoin -3.3%, Polkadot -3.2%.

Market capitalization: $1.64T (0.55%)
The BTC dominance: 42.48% (+1.61%)
Fear & Greed Index: 21 (Extreme Fear)

https://cryptorank.io/heatmaps

👉 Top Gainers

Gitcoin (GTC) +82.1%
STP Network (STPT) +48.8%
AC Milan Fan Token (ACM) +40,1%

👉 Top Losers

Cardstarter (CARDS) -27.7%
Convex Finance (CVX) -25.5%
CryptoTycoon (CTT) -23.3%

BTC Futures

Aggregated Volume — $74.31B
Aggregated Open Interest — $9.32B

👉 Derivatives Market Analytics

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