Bitcoin Price Faces $11B Options Expiry After FOMC Uncertainty Clears

Image: Cryptonews
Bitcoin price faces another major test on October 30, when $11 billion in options contracts expire. The FOMC has already delivered its latest interest-rate decision, leaving traders to assess whether Bitcoin can hold its ground as derivatives positioning resets. A relief rally could emerge if the market absorbs the Fed’s message without another selling pressure. The Federal Reserve held interest rates at 3.75% to 4% on October 28, matching expectations . However, two officials dissented, preferring a quarter-point rate hike. The decision removed one immediate source of uncertainty, but the Fed’s stance on future policy remains important for risk assets. Bitcoin now has an opportunity to shift attention back toward market positioning and demand as the approaching option expiry could force another price swing.
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