Bitcoin and Ethereum Prices Could Rise Towards Maximum Pain Levels

Bitcoin (BTC) and Ethereum (ETH) have been following a relatively moderate positive trend in the past 24 hours, while the prices of the two largest cryptocurrencies continue to remain well below levels that would inflict “maximum pain” on buyers of August futures contracts. Deribit, the world’s largest cryptocurrency options exchange by trading volume on August 25, will settle and close a Bitcoin options contract worth 72,000 BTC ($1.9 billion) and an Ethereum options contract worth 535,000 ETH ($893 million). The post Bitcoin and Ethereum Prices Could Rise Towards Maximum Pain Levels appeared first on COINTURK NEWS.