
markets·33d ago
Bitcoin Nears $58K as ETF Outflows and Options Expiry Pressure Market
Bitcoin fell toward $58,000 ahead of a major Deribit options expiry amid continued ETF outflows and leveraged liquidations.
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Bitcoin fell toward $58,000 ahead of a major Deribit options expiry amid continued ETF outflows and leveraged liquidations.

Bitcoin fell to its lowest since late 2024 amid hawkish Fed, ETF outflows, and capital shift to AI, per Deutsche Bank.

Persistent ETF outflows and a stronger dollar keep Bitcoin range-bound despite easing sell pressure, analyst says.

Return to $60,000 level coincides with significant ETF outflows, contrasting with February's buying behavior.