Crypto Market Braces for Options Expiry and US Inflation Data Release

The cryptocurrency market is experiencing a high-stakes situation as it prepares for the expiry of over $2.3 billion in options for Bitcoin, Ethereum, XRP, and SOL on Friday.

This development comes as the market awaits the release of US CPI inflation data later today. The upcoming numbers are expected to provide crucial cues on how the ongoing US-Iran conflict has impacted inflation rates.