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Bitcoin (BTCUSD) Rebounds After $16B Options Expiry Amid ETF Demand Weakness

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The Story

News Summary

  • Bitcoin and major altcoins plunged as $1.2B in longs liquidated ahead of a $16B options expiry.
  • Weak ETF demand and US monetary uncertainty fueled selling, but a rebound is possible post-expiry, supported by a potential catch-up rally with equities.
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BTCUSD price history

77547.60 +13.55% over the displayed period

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