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Bitcoin Dips Below $115K Amid $7B Options Expiry

8/2/2025

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Story summary
  • Over $7 billion in Bitcoin and Ethereum options expired on August 1, 2025, triggering potential price volatility.
  • Bitcoin's price dipped below $115,000, while Ethereum fell over 6% to $3,600 due to bearish sentiment.
  • Institutional selling and macroeconomic factors led to significant liquidations in the market.
  • Ethereum holds above $3,587 but encounters resistance near $4,500, essential for recovery.
  • Analysts warn of possible further declines before a substantial market recovery.