On Sunday, Bitcoin's value dipped below $100,000 following the United States' acknowledgment of its role in the ongoing Israel-Iran conflict. This development has led traders to brace for increased market volatility.
Current data from Coinglass reveals that open interest in Bitcoin (BTC) options has reached approximately $51 billion. In contrast, open interest for Ethereum (ETH) continues to be monitored amid the prevailing geopolitical uncertainties.
