Bitcoin holds at $79,200 ahead of Fed decision and large option expiry
COIN Coinbase Global Inc
$136.10 +0.99%
View chart & analysis → - 1On Monday, October 26, Bitcoin recorded a price of $79,200, representing a weekly decline of 2.4%.
- 2U.S. spot Bitcoin ETF outflows reached $635.6 million on Thursday, reversing the $1.07 billion in inflows seen earlier in the week.
- 3Bitcoin options totaling 135,700 BTC are set to expire on Friday at 08:00 UTC.
So what's the key point?
Bitcoin prices held steady around the $79,200 level despite a slight weekly drop. Money flowed out of U.S. Bitcoin ETFs, and a large number of option contracts are approaching expiration.
Source Coinspeaker · View original ↗
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