3 hours ago

Bitcoin falls under $109K as traders brace for Friday’s $22B BTC options expiry

Bitcoin fell to a 3-week low under $109,000, but the $22 billion end-of-month options expiry could lead to a much-needed BTC price bounce.

Key takeaways:

Traders reduced bullish positions, signaling mixed market sentiment ahead of Friday’s $22 billion monthly Bitcoin options expiry.

Stablecoin premiums and Bitcoin ETF inflows indicate cautious optimism, suggesting traders may seek gains in the near term.

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Source: Cointelegraph →