Add as a preferred source on GoogleBitcoin Options Expiry Is Set for Friday After Fed and U.S. Data
The Oct. 30 expiry follows the Fed’s Oct. 28 decision and the BEA’s releases on third-quarter GDP and September income and outlays.
Bitcoin options are scheduled to expire Friday, Oct. 30, after a week of U.S. monetary policy and economic releases. The expiry adds a derivatives event to the Fed, GDP and PCE calendar.
The Fed will announce its policy decision at 2 p.m. ET Wednesday, Oct. 28, with a news conference starting at 2:30 p.m. ET. BEA plans two releases at 8:30 a.m. ET Thursday, Oct. 29: an advance estimate of third-quarter GDP and its September Personal Income and Outlays report, which includes the PCE price index.
Crypto analyst Ash Crypto wrote, “A weekly close above $82K and the 1W 50MA would strengthen the bullish case.”
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.