Bitcoin remained above the key $69,000 mark following the quarterly expiry event, suggesting that the pre-halving retracement may indeed be over.
Bitcoin (BTC) price remained above the $69,000 mark, despite the market experiencing the biggest quarterly Bitcoin futures options expiry events.
Hao Yang, the global head of derivatives trading at Bybit exchange, told Cointelegraph:
Over $15.1 billion worth of cryptocurrency futures options have expired on Deribit this Friday, March 29, at 8:00 am UTC, according to a March 28 X post by Deribit.