Bitcoin and Ethereum Face $17 Billion Options Expiry During Fed Meeting and Tech Earnings

Major cryptocurrencies Bitcoin (BTC) and Ethereum (ETH) are approaching a significant $17 billion options expiry event. This substantial derivatives settlement coincides with key macroeconomic developments including the Federal Reserve's policy meeting and quarterly earnings reports from major technology companies. The convergence of these factors creates heightened volatility potential in crypto markets as traders adjust positions ahead of the options expiration. Market participants are closely monitoring how these simultaneous events might impact short-term price direction for both Bitcoin and Ethereum.