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Bitcoin traders face Friday’s $2.7 billion options expiry with a dangerous five-hour blind spot

By Oluwapelumi Adejumo

Deribit’s Friday expiry precedes payrolls by five and a half hours, while later-dated puts span different risks at higher quoted prices. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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