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DECRYPT · CRYPTO ·

Bitcoin Tests $59K as ETFs Shed $692M, Options Expiry Looms

As reported by Decrypt
Bitcoin fell to around $59,400 as $691 million fled spot ETFs, the most since May, ahead of Friday's $10.6 billion options expiry.
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Our editorial commentary, not the publisher's article body.

Bitcoin experienced a significant drop, testing the $59,400 level. This decline coincided with a substantial outflow of $691 million from spot ETFs, marking the largest single-day exit since May. Investors are closely watching the market as a massive $10.6 billion options expiry…

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