Daily Market Updates: Bitcoin faces key $62K level ahead of major options expiry

Crypto

Home›Crypto›Market Structure›Bitcoin faces key $62K level ahead of major options ex…

Bitcoin faces key $62K level ahead of major options expiry

Cointelegraph links the setup to US 10-year Treasury yields nearing a level it calls dangerous, ahead of a large Deribit Bitcoin options expiry.

Reported · Written up by our desk · Market Structure

Cointelegraph reports that Bitcoin is trying to hold around the $62,000 level ahead of Friday’s major Deribit options expiry, totaling $1.4 billion. The outlet also points to US 10-year Treasury yields nearing what it describes as a dangerous threshold as the options event approaches.

Latest closeBitcoin $84,310.25 ▼0.1%

← Newer storyHome prices reach record highs as affordability worsens Older story →Euro edges higher as markets reprice ECB outlook

More like this

CryptoDoubleZero launches fiber market data feed for Hyperliquid traders

CryptoRobinhoods AMC token debate spotlights SEC lines on tokenization

CryptoKamino launches sUSDai collateral market on Solana

CryptoJeff Booth argues $1 million Bitcoin pricing uses a rigged system

CryptoSaifedean Ammous points to falling Bitcoin volatility as a bullish signal

Sources

CointelegraphCan Bitcoin hold $62K ahead of Friday’s $1.4 billion options expiry?

Crypto

Bitcoin faces key $62K level ahead of major options expiry

More like this

Sources

Get the close, explained.