Crypto news: Recently, the Bitcoin options market formed a cluster worth about $5 billion on the leading exchange Deribit, mainly concentrated at two specific price levels: $70,000 and $72,000. The combined options nominal open interest for these two prices is close to $5 billion, accounting for 18% of the platform’s total Bitcoin options open interest of $2.8 billion. According to Laevitas data, the $70,000 strike currently has about 39,000 active contracts, while the $72,000 strike has about 37,900 call options and 1,200 put options. Call option buyers have the right to buy Bitcoin at a specific price, reflecting bullish sentiment in the market.