Key Points

• $2.09 billion Bitcoin options and $639 million Ethereum options expire tomorrow at 08:00 (UTC).
• BTC is trading above $99,000 and ETH is trading above $3,300.

Deribit’s options expiry data is released in a bullish market that took Bitcoin above $100,000 again on January 15. Over $2.7 billion in Bitcoin and Ethereum options are set to expire tomorrow.

Deribit Crypto Expiry Data

On January 17, Bitcoin and Ethereum options are set to expire on Deribit at 08:00 (UTC).

$2.09 billion worth of Bitcoin options will expire with a Max Pain point of $96,000 and a Put/Call Ratio of 0.95.

Also, $639 million in Ethereum options will expire with a Max Pain point of $3,200 and a Put/Call Ratio of 0.31, according to Deribit’s data shared via X.

Options’ expiry usually triggers market volatility, but predictions remain bullish amidst huge optimism in the crypto industry triggered by the upcoming Trump administration that will debut on Monday, January 20.

Both BTC and ETH are trading in the green today.

BTC Trades Above $99,000

At the moment of writing this article, BTC is trading above $99,000, up by over 2.6% in the past 24 hours.

On January 15, Bitcoin surpassed the important psychological level of $100,000 again, pushed by the latest US CPI data for December which revealed eased inflation. Also, BTC ETFs recorded renewed inflows yesterday, following a 4-day outflow streak.

These factors, along with the countdown to the beginning of a new era for the crypto industry in the US brought in by the new Trump administration, are fueling the ecosystem with optimism.

Ethereum also performed well today.

ETH Trades Above $3,300

At the moment of writing this article, ETH is trading above $3,300, up by over 4% in the last 24 hours.

ETH ETFs also recorded inflows of almost $60 million on January 15. Also, a few days ago, whale activity suggested increased interest in ETH.

Overall the crypto market maintains optimism ahead of the weekend.