Best Crypto to Buy as Bitcoin’s Largest-Ever Options Expiry Set to Push the King Crypto over $110K
Bitcoin is approaching its largest option expiry of 2025, valued at approximately $13.8 billion on May 30. After reaching a new all-time high of $109K, Bitcoin has corrected to around $108K, with the $109K level being critical for option traders. Most put options are below this level, indicating potential losses for bears if Bitcoin remains above it. Institutional investments in Bitcoin ETFs totaled $1.9 billion between May 20 and May 22, showing continued corporate interest. The Bitcoin futures market has an open interest of $79 billion, with many short positions. Predictions suggest Bitcoin could reach $200K by year-end. Recommended altcoins include BTC Bull Token ($BTCBULL), which offers free Bitcoin airdrops, Solaxy ($SOLX), aimed at improving Solana's scalability, and Trump Dinner ($DINNER), a meme coin linked to a dinner event with Donald Trump. Caution is advised due to market volatility.