A record .7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges | Currency News | Financial and Business News

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges | Currency News | Financial and Business News


The Bitcoin price has risen more than 300% in a year, driving people towards options and other products



A record $3.7 billion worth of Bitcoin options are set to expire on January 29, as speculation ramps up following the recent volatility in the cryptocurrency’s price and growth in interest in its derivatives.

On Monday morning, open options contracts were worth around 245,700 Bitcoin – or roughly $9.1 billion – according to…


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