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With less than two weeks remaining until the expiration of former U.S. President Donald Trump’s tariff pause (July 9), the crypto market is experiencing mounting selling pressure. Adding to the tension, 139,392 Bitcoin options contracts with a notional value of nearly $15 billion are set to expire this Friday, increasing investor caution.
Bitcoin is holding steady at $107,500, while major altcoins like Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) are down 2–5%. According to Deribit, the current put-call ratio stands at 0.74, indicating bullish dominance, with the maximum pain point at around $102,000.
Market data platform Greek.Live notes mixed sentiment among Bitcoin traders. Despite recent price movement, many are seeing flat or break-even outcomes. A strong resistance level at $110,000 is seen as a significant barrier in the short term. 4 replies
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