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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 $63,834.07 ▼0.1%

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Sources

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

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