Max Pain Price for Bitcoin, ETH, XRP, SOL as Wall Street Sees Hot US CPI Inflation
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Over $2.3 billion in Bitcoin, ETH, XRP, and SOL options are set to expire, with crypto market traders bracing for the release of the March US CPI inflation report. The report is expected to show a 0.9% month-over-month rise in inflation, which could impact the prices of these cryptocurrencies.
Crypto market traders are preparing for the expiry of over $2.3 billion in options. The March US CPI inflation report is expected to show a 0.9% rise. Bitcoin's max pain price is $69,000, with calls almost double the puts. ETH options worth $331 million are also expiring, with a put-call ratio of 0.77. XRP and SOL options are expiring as well, with traders eyeing a potential recovery. The US CPI inflation report could impact crypto prices.
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