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Crypto market slightly declines, BTC holds at $87,000, largest-ever options expiration may break the calm

BlockBeats news, December 26, according to HTX market data, the cryptocurrency market experienced a slight decline during the Christmas period. BTC is currently quoted at $87,115, with a 24-hour drop of 0.48%. Ethereum is currently quoted at $2,897, with a 24-hour drop of 1.68%. SOL has fallen below $120. The total market capitalization of cryptocurrencies is currently reported at $3.021 trillion, with a 24-hour drop of 0.6%. Additionally, Bitcoin will face its largest-ever options expiration day today, with approximately 300,000 BTC options contracts (notional value about $237 billion) expiring. The total expiration size for BTC and ETH options today is $285 billion, double that of the same period last year. The market is expected to break the calm and see volatility.

Top gainers in the altcoin market:

BIFI is currently quoted at $238.4, with a 24-hour gain of 78%;

ZBT is currently quoted at $0.1557, with a 24-hour gain of 55.2%;

0G is currently quoted at $1.034, with a 24-hour gain of 29.3%;

ACT is currently quoted at $0.0456, with a 24-hour gain of 16.33%;

LAYER is currently quoted at $0.1885, with a 24-hour gain of 13.4%.

Top losers:

METIS is currently quoted at $5.79, with a 24-hour drop of 12.8%;

BANANA is currently quoted at $7.14, with a 24-hour drop of 12.05%;

DOLO is currently quoted at $0.03811, with a 24-hour drop of 10.08%.