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Bitcoin price could fall to the $63,000 mark on July 26 due to the expiry of over $3.9 billion worth of Bitcoin futures options. Over $3.91 billion worth of Bitcoin (BTC) futures options expired at 8:00 am UTC on top futures trading cryptocurrency exchange Deribit. This sets Bitcoin’s “max pain point” to $63,000, which could trigger more downward pressure for the world’s first cryptocurrency. Periods close to the expiration of options are often characterized by increased price volatility in the crypto markets. While the max pain point indicates the price at which most options contracts would e…

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