Can Bitcoin hold $62K ahead of Friday’s $1.4 billion options expiry?
US 10-year Treasury yields nears dangerous level while major Deribit Bitcoin options expiry approaches.
Bitcoin (BTC) reclaimed the $63,000 mark on Thursday, but traders fear a correction ahead of Friday’s $1.4 billion options expiry on Deribit. The concerns stem from the US government bond yield climbing toward a level that many view as a warning sign. Is the $62,000 support level at risk?
Key takeaways:
