Gold has surged to new highs, but Bitcoin remains below $90,000 due to a $300 million options structure suppressing volatility. Analysts suggest Bitcoin will react later, based on liquidity repositioning. The market is driven by a $300 million “gamma trap,” creating stability that may lead to sudden volatility post-expiry.

Gold’s rally signals capital rotation towards safety, while Bitcoin’s compression is due to derivatives suppressing price movement. A $300 million options structure has kept Bitcoin between $85,000 and $90,000, creating a negative gamma feedback loop. This stability could shift post-expiry, leading to sharp volatility in the market.

The recent divergence between gold and Bitcoin highlights a tense macroeconomic backdrop, with gold up 40% and Bitcoin down 20% year-to-date. Analysts warn that a synchronized rally across metals may signal systemic stress. Bitcoin’s compression may set the stage for its next major move as gold already signals stress in the system.

In other US crypto news, Bitcoin may freeze its own coins, Ethereum supply is at a loss, and XRP ETFs see inflows. Investors weigh Bitcoin against copper, and crypto investment funds profit despite market weakness. Europe may eliminate unlicensed crypto firms, while TRON network experiences record growth.

Read more at Yahoo Finance: Today’s $300 Million Gamma Expiry Could Triger Bitcoin’s Next Big Move