Bitcoin and Ethereum futures contracts worth more than $2.2 billion expire today, Good Friday.
It occurs when macroeconomic uncertainty continues to shake cryptocurrency markets. Jerome Powell, the Federal Reserve (Fed) head, is refusing to move despite pressure from President Donald Trump to lower interest rates.
Over $2.2 billion options expire today
In the midst of Good Friday festivities, 23,221 Bitcoin (BTC) options contracts are set to expire today, April 18. Deribit data indicates that the notional value for the tranche of Bitcoin options contracts that expire on Friday is $1.966 billion.
The put/call ratio of 0.96 indicates that buy options (calls) are more common than sales options (puts).
The asset will result in the largest amount of holders’ financial losses when the Bitcoin options expire, with a maximum pain or strike price of $82,000.
In a similar vein, 177,130 Ethereum contracts with a $279.789 million notional value will expire on cryptocurrency marketplaces. These Ethereum options that are about to expire have a put-to-call ratio of 0.84 and a maximum pain of $1,600.
The options expiration event this week is a little less significant than the one that occurred on Friday for the cryptocurrency markets last week. Short-term declines created put demand for the roughly $2.5 billion worth of BTC and ETH options that expired at that time, according to data.
Investors and traders need to keep a careful eye on today’s events since options expiration might cause price volatility. However, in options trading, put-to-call ratios for Ethereum and Bitcoin that are less than one signify market confidence. It implies that more traders are placing wagers on price rises.
Deribit analysts, however, emphasize flat skew and minimal volatility. Although this points to a quiet market, CoinGlass’s historical data indicates that post-expiry price movements are frequent and may portend an impending shift.
“With volatility crushed and skew flat, is the market setting up for a post-expiry move?” they posed.
Blackswan event likely, Greeks.live analysts say
Greeks.live analysts provided insight into the state of the market, confirming the optimistic forecast. They do observe, nevertheless, that the market is primarily neutral to negative. Investors anticipate further erratic trading before maybe returning to the $80,000–$82,000 range.
Bitcoin was trading at $84,648, just over its $82,000 strike price, at the time of writing. The Max Pain hypothesis predicts that as options approach expiration, prices will probably shift in the direction of this strike price.
Greek.live experts attribute the calm to Trump’s lack of news releases this week, citing a moderate tone. However, they expect increased volatility, uncertainty, and trade disputes.
April 18 Options Data
23,000 BTC options expired with a Put Call Ratio of 0.96, a Maxpain point of $82,000 and a notional value of $1.97 billion.
177,000 ETH options expired with a Put Call Ratio of 0.84, Maxpain point of $1,600 and notional value of $280 million.
The market was… pic.twitter.com/L5DzqKYLC8— Greeks.live (@GreeksLive) April 18, 2025
Can XRP price hit $20? Federal Reserve hints US banks can use XRP
The price of XRP anticipates a huge surge as there are rumors that the Fed may merge with Ripple. Is XRP going to hit $20 if this occurs?
Over the past seven days, the price of XRP has been fluctuating horizontally, reaching a weekly high of $2.23 and a weekly low of $2.01. However, given that the US Federal Reserve made hints about possibly using Ripple’s blockchain, a breach from the consolidation zone may be imminent. How much would XRP rise if this were to occur, and would it actually hit $20? Let’s investigate.
XRP price in focus as Fed hints US banks can use Ripple
The Ripple community is full of rumors that the Fed may be able to incorporate the Ripple blockchain into its FedNow payment systems. This would support a parabolic rise in the price of XRP if it occurred.
Crypto analyst CryptoGeek drew attention to a Fed paper outlining its intentions to use blockchain technology to close the gap between decentralized finance (DeFi) and traditional banks. The Ripple network, which has gained prominence since the conclusion of the SEC vs. Ripple lawsuit, is one of the blockchains it intends to deploy.
This combination might occur as early as July 14, according to another researcher. The Fed intends to launch an update to the Fedwire Funds Service on this day.
Following rumors that Ripple is collaborating with SWIFT, there is now a rumored integration. Furthermore, since the blockchain is located in the US, there is a good probability that the Fed will integrate it. This implies that a parabolic surge in the price of XRP may be imminent.
Can XRP price hit $20?
The price of Ripple may rise to $20 if the US Federal Reserve integrates it. XRP would become the biggest altcoin and achieve a market valuation of $1.2 trillion if its price rose to this level with a supply of 60 billion coins.
According to early Bitcoin investor Davinci Jeremie, who advised people to purchase BTC at $1, the price of XRP is expected to hit $24 by the end of the year. He pointed out that the US administration’s backing will be crucial to this movement.
“There is a lot of people in the US government that are pushing XRP. And so we could see possibly, XRP do something crazy.”
$20 is a reasonable goal for the cryptocurrency in light of this XRP price prediction. The Federal Reserve’s integration will also be a major driving force behind this surge.
Short term forecast for Ripple price
The daily chart indicates that the price of XRP has to overcome a few obstacles before forming a robust upward trend. The RSI indicates hesitancy among buyers. After rising steadily earlier this month, this indicator is now declining once more, suggesting that the negative trend is intensifying once more. To confirm a sharp downswing, traders should look for a lower bottom in the RSI.
On the other hand, XRP is still trading above the 200-day EMA, which is a critical support. Ripple could escape a sharp selloff if it maintains its support. If the price of XRP can break out of the 50-day EMA at $2.21, which is also the upper trendline of the descending channel, then positive tendencies will resume. The market structure will turn positive as a result of this breakthrough.
The potential Federal Reserve adoption is one of the optimistic triggers around the price of XRP. A rally past 420 may be sparked by this. To record a significant rise, Ripple must, however, overcome negative obstacles on the daily chart.
Expert hints at 93-day Dogecoin bull run: DOGE price to hit $1?
The price of DOGE is expected to hit $1, according to analyst STEPH IS CRYPTO. There will be a 93-day bull run in Dogecoin.
Over the last several hours, the price of DOGE has been rather steady, and it is presently trading above the critical $0.15 threshold. Even though Dogecoin has bounced back from its decline over the previous week, the meme coin hasn’t moved much in the recent day.
Analysts and researchers, however, are still optimistic about Dogecoin’s future developments. According to market analysts like STEPH IS CRYPTO, the meme coin will soon reach $1.
Dogecoin price to hit $1
DOGE’s price has been declining over the last several days, falling from a weekly high of $0.1685 to a low of $0.1515. Dogecoin’s price has been stable over the previous day with no notable swings, despite recently breaking the $0.154 level.
Analyst STEPH IS CRYPTO forecasted DOGE’s possible surge to the noteworthy $1 during this sluggish market. The expert identified a critical support level and proposed that the meme currency is now ready for a bullish turnaround after breaking through it. In an X post, the analyst stated, “$DOGE will teleport to $1.00.”
STEPH IS CRYPTO excited traders with his prediction of Dogecoin’s possible comeback to $2 in his last X article. Dogecoin is currently at $0.1548, a 1.5% decrease as of this writing. The meme coin had drops of 1.3% and 7.5% during the previous week and month, respectively.
What is Dogecoin’s 93-day bull run?
Trader Tardigrade, a cryptocurrency specialist, predicts that Dogecoin will see a 93-day bull run. The price action of Dogecoin tends to cycle through a pattern of 159 days of negative trend, followed by 93 days of bullish momentum, according to historical data.
Traders are keeping an eye on a possible breakout as the present market circumstances suggest indications of consolidation. Over the next ninety-three days, Dogecoin may experience substantial increases if past patterns continue.
Institutional interest grows: What does it mean for DOGE price?
Importantly, many Wall Street companies, including Tesla, AMC Theaters, and Newegg, now view DOGE as a viable payment option. Dogecoin’s quick block processing time and cheap transaction fees, which make it a desirable choice for small payments and tipping, are credited by asset management 21Shares with the cryptocurrency’s growing popularity.
It’s interesting to note that this increased adoption of Dogecoin as a form of payment has raised hopes for the meme coin’s possible price effect. Increased demand may propel DOGE’s value to new heights as more institutions implement it. CoinGape’s Dogecoin price forecast indicates that the meme currency may hit $0.1824687 by 2025.
