Bitcoin Live News

Bitcoin Drops to $58K as ETF Outflows Hit Deadline Drama

Bitcoin’s recent pullback was not influenced by a solitary headline. Traders faced a convergence of adverse factors simultaneously: a downturn in global technology stocks, significant spot Bitcoin ETF redemptions, a pronounced leverage flush, and a substantial monthly options expiry that maintained market attention on downside strike levels. The institutional flow picture exhibited a pronounced negative … Read more

Bitcoin Live Updates

Bitcoin Struggles Below $78K Before Options Expiry

Around 20,500 Bitcoin options contracts are set to expire on Friday, May 22, carrying a notional value of approximately $1.5 billion. This event is on the smaller side, making it improbable that it will influence spot markets. Crypto markets have experienced a downturn throughout the week, with approximately $50 billion exiting the ecosystem as Bitcoin … Read more