Gate News reports that on March 19th, this Friday (March 21st), the traditional financial markets will experience the quarterly derivatives event known as “Quadruple Witching” (simultaneous expiration of stock index futures, stock index options, individual stock options, and individual stock futures), which typically leads to increased trading activity and price volatility. In March 2025, approximately $4.7 trillion in derivatives will expire, setting a record for the highest trading volume in the S&P 500 index (the benchmark index for the U.S. stock market) that year.
The current market environment is already highly volatile, with the VIX index (a measure of market fear and volatility) recently surpassing 35, indicating significant market pressure. Bitcoin often correlates with traditional market trends, and its volatility may also rise. Cole Kennelly, CEO of Volmex Finance, pointed out that the implied volatility index for Bitcoin on Volmex is trending upward, suggesting that cross-asset volatility could surge. Additionally, the crypto market is paying close attention to the large-scale derivatives expiration event on March 27th, when Deribit platform will see $13.5 billion in derivatives expire, potentially further amplifying market volatility.