Bitcoin and Ethereum options with a notional value of $1.89 billion expire and settle today.

CoinFeed reported on June 5th, citing Greeks.live, that options settlement data for June 5th showed 25,600 BTC options expiring with a put-call ratio of 0.56, a maximum support level of $70,500, and a notional value of $1.62 billion. 155,000 ETH options also expiring with a put-call ratio of 0.92, a maximum support level of $2,000, and a notional value of $270 million. Bitcoin experienced a sharp drop this week, briefly approaching $60,000. Due to the rapid decline, both BTC and ETH moved far away from their "maximum support level." The poor market conditions further dampened already low market attention; only 6% of options expired this week, with market focus largely concentrated on the US stock market.