Bitcoin (BTC) Price is Dumping: Here are 4 Reasons Why
The post Bitcoin (BTC) Price is Dumping: Here are 4 Reasons Why appeared on BitcoinEthereumNews.com. Bitcoin’s (BTC USD) savage price dump is rattling the crypto faithful this week, with market volatility firing on all cylinders. What’s behind the carnage? According to Bitcoin researcher and trader Ash Crypto, four interconnected factors are hammering the BTC price. From options expiration and US political drama to economic surprises and leverage liquidations, investor nerves are on a knife-edge. Options Expiry: Bitcoin (BTC USD) Price Volatility Unleashed Let’s be honest, this week’s options expiry has felt like a roller coaster for anyone tracking the Ethereum or Bitcoin (BTC USD) price. $22 billion worth of options contracts are set to expire, mostly over on Deribit. This always seems to be where the biggest action happens. Traders know the drill by now: when expiry day arrives and spot prices are teetering near major support, everybody holds their breath. This is when things can swing wildly in either direction, and you get those frantic moves as folks rush to close, hedge, or double down on their bets. Bitcoin Dumping | Source: Barchart on X If you zoom out even a little, it really drives home how much these events matter. In just a matter of hours, the BTC price tumbled below $110,000, a loss of more than 5%, marking a fresh six-week low. That kind of drop is enough to spook even seasoned professionals. The ripple effect spreads further than you’d expect, with billions in options unwinding and even the altcoins feeling the heat. As Bitcoin and disruptive tech pioneer Kyle Chasse commented: “A $22 billion options expiry added more selling pressure to an already weak setup. Combine that with the usual September seasonality, historically Bitcoin’s worst month, and the stage was set for a sharp flush.” US Government Shutdown Fears While crypto isn’t new to political drama, this week’s backdrop is especially…
The post Bitcoin (BTC) Price is Dumping: Here are 4 Reasons Why appeared on BitcoinEthereumNews.com.
Bitcoin’s (BTC USD) savage price dump is rattling the crypto faithful this week, with market volatility firing on all cylinders. What’s behind the carnage? According to Bitcoin researcher and trader Ash Crypto, four interconnected factors are hammering the BTC price. From options expiration and US political drama to economic surprises and leverage liquidations, investor nerves are on a knife-edge. Options Expiry: Bitcoin (BTC USD) Price Volatility Unleashed Let’s be honest, this week’s options expiry has felt like a roller coaster for anyone tracking the Ethereum or Bitcoin (BTC USD) price. $22 billion worth of options contracts are set to expire, mostly over on Deribit. This always seems to be where the biggest action happens. Traders know the drill by now: when expiry day arrives and spot prices are teetering near major support, everybody holds their breath. This is when things can swing wildly in either direction, and you get those frantic moves as folks rush to close, hedge, or double down on their bets. Bitcoin Dumping | Source: Barchart on X If you zoom out even a little, it really drives home how much these events matter. In just a matter of hours, the BTC price tumbled below $110,000, a loss of more than 5%, marking a fresh six-week low. That kind of drop is enough to spook even seasoned professionals. The ripple effect spreads further than you’d expect, with billions in options unwinding and even the altcoins feeling the heat. As Bitcoin and disruptive tech pioneer Kyle Chasse commented: “A $22 billion options expiry added more selling pressure to an already weak setup. Combine that with the usual September seasonality, historically Bitcoin’s worst month, and the stage was set for a sharp flush.” US Government Shutdown Fears While crypto isn’t new to political drama, this week’s backdrop is especially…
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