Bitcoin showed signs of stabilization this week, rising over 1% to approach $90,000, despite remaining 30% below its all-time high. The market faces a critical test with $2.7 billion in Bitcoin and Ethereum options contracts set to expire on Friday, which could influence market sentiment. Meanwhile, the fear and greed index indicates mixed signals as traders focus on upcoming U.S. economic data and the options market for guidance. In other developments, Uniswap's UNI token received backing in a vote to enable protocol fee switching, potentially impacting its future operations.
Bitcoin Stabilizes as $2.7 Billion in Options Set to Expire
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