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Bitcoin and Ethereum Options in Focus Ahead of Billion-Dollar Expiry

A billion-dollar cryptocurrency options contract is scheduled to expire as Bitcoin and Ethereum trade sharply lower amid extreme fear.

A billion-dollar cryptocurrency options contract is scheduled to expire as Bitcoin and Ethereum trade sharply lower amid extreme fear. Bitcoin (BTC) is trading at ₹64,63,246 ($68,695.00). This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Fri, 13 Nov 2026 04:45:02 UTC.

Why it matters

The expiry concentrates a large volume of derivatives activity across the two largest cryptocurrencies while both assets are undergoing steep market declines. The scale of the contract and prevailing sentiment make positioning and potential market volatility the central issues to monitor.

Key takeaways
  • Billion-dollar BTC and ETH options contract expires tomorrow
  • Bitcoin trades at $68,706 after a 6.83% daily decline
  • Ethereum trades at $1,929.90 after a 6.00% daily decline
  • Crypto Fear and Greed index stands at 20, labelled Extreme Fear

A billion-dollar options contract involving Bitcoin and Ethereum is due to expire tomorrow, according to Bitcoin Sistemi. The report provides no breakdown of the contract’s notional value, strike prices, expiry date or distribution between the two assets, leaving the broader scale of the scheduled expiry as the principal confirmed detail.

The announcement comes during a broad downturn in digital assets. Bitcoin is trading at $68,706, down 6.83% over 24 hours and 9.51% over seven days. Ethereum stands at $1,929.90, with losses of 6.00% and 13.73% over the respective periods.

The wider crypto market is also moving lower, with total market capitalization at $2.38 trillion. Market sentiment is weak: the Fear and Greed index is at 20, corresponding to Extreme Fear. Bitcoin’s market capitalization is $1.38 trillion, while Ethereum’s is $235.83 billion.

The combination of a large scheduled options expiry and pronounced losses across both assets puts derivative positioning in focus. Bitcoin Sistemi is the only outlet cited on this event, so finer details such as contract sizing, open-interest concentration and individual strike levels cannot be independently confirmed from the supplied coverage. The next points to monitor are the contract’s expiry outcome and whether the two assets stabilize during the session.

No expiry outcome or specific market direction is being forecast. The live figures instead establish the backdrop: both major cryptocurrencies are below their recent levels, the overall market is broadly down and Extreme Fear is recorded by the sentiment index.

Market reaction since this brief Live

Since this brief published about 11 hours ago, Bitcoin (BTC) has moved from ₹64,64,281.37$68,706.00 to ₹64,63,246.43$68,695.00 — -0.02%.

$68,693$68,697$68,701$68,704$68,708 published · $68,706 now · $68,695 (-0.02%) Nov 12 17:41 UTC Nov 13 04:45 UTC
BeforeSince publishPublished · ₹64,64,281.37$68,706.00
CoinAt publishNowSince publish
BTC₹64,64,281.37$68,706.00₹64,63,246.43$68,695.00-0.02%
ETH₹1,81,576.81$1,929.90₹1,80,986.89$1,923.63-0.32%

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Bitcoin dip to $66,000 November 9-15?

Yes 30%

Crowd-implied probability on Polymarket, ₹9.19M 24h volume, resolves Nov 16 — snapshotted when this brief published (Nov 13 04:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹6.84M (about $68,695.00), down 6.8% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.

#1
₹64,63,246.43$68,695.00 ▼ 6.79%
7d -9.51%MCap ₹129.98TFull BTC data →
₹1,80,986.89$1,923.63 ▼ 6.13%
-0.32% since this brief published
7d -13.73%MCap ₹22.12TFull ETH data →
The market when this published · November 12, 2026
Total market cap₹223.49T
Bitcoin 24h-6.83%
Ethereum 24h-6.00%
BTC dominance58.2%
Fear & Greed20 · Extreme Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.

SectorOn-chain derivatives$1.61Bacross 17 protocolsDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Bitcoin and Ethereum Options in Focus Ahead of Billion-Dolla — questions & answers

What is expiring tomorrow in crypto options?

Bitcoin Sistemi reports that a billion-dollar options contract involving Bitcoin and Ethereum will expire tomorrow. It does not provide a more detailed breakdown of the contract.

How are Bitcoin and Ethereum performing?

Bitcoin is at $68,706, down 6.83% over 24 hours, while Ethereum is at $1,929.90, down 6.00%. Their seven-day declines are 9.51% and 13.73%, respectively.

What is the current crypto market sentiment?

The Fear and Greed index is at 20, which is labelled Extreme Fear. Total crypto market capitalization stands at $2.38 trillion amid a broadly declining market.

How much is 1 Bitcoin worth in rupee today?

About ₹6.84M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $68,695.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 13, 2026 ⛓ Timestamped at Bitcoin block #975,627 sha256:4293385162e9c581
Based on reporting by Bitcoin Sistemi — this is an original Token Times summary with live market data, not the original article.Bitcoin Sistemi · Nov 12 17:41 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.