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0.000563244287093719 -0.000840843257161262 0.000442549082716502 0.000442549082716502 -0.000241390408754435 -0.00225297714837465 -0.000201158673961953 0.00101303508207275
Stock impact report

Bitcoin slips below $88,000 as traders brace for $28.5 billion Deribit options expiry [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Some crypto-related stocks are still holding gains, led by Hut 8 (HUT), which continues to rise following its deal last week for a 15-year AI data center lease with Fluidstack . Shares are higher by 16% Monday, helped by a price target increase Benchmark's Mark Palmer. Other names in the green include Coinbase (COIN) and Robinhood (HOOD), though both are well off session highs as crypto prices have pulled back. Strategy (MSTR) has swung from a 3% gain to a modest loss late in the day. The recent highly choppy price action between $85,000 and $90,000, comes ahead of Friday's record-setting $28.5 billion in BTC and ETH options expirations on crypto derivatives exchange Deribit. That amount represents more than half of Deribit's $52.2 billion in open interest, noted Jean-David Pequignot, the exchange's chief commercial officer. "This year-end expiry marks the culmination of a year defined by institutional maturity and a shift from speculative cycles to a policy-driven supercycle," Show less Read more
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