Market volatility heightened as $7.1 trillion in U.S. stock and ETF options approached expiry, affecting crypto markets. Bitcoin, Ethereum, and XRP traded cautiously, with Bitcoin testing a critical support level. Analysts note that while such expiries often bring volatility, they do not always lead to significant crypto declines. The impact is expected to be indirect, shaped by liquidity, the U.S. dollar, and overall risk sentiment. Ethereum and XRP exhibited mixed price movements amid the uncertainty.