$BITCOIN is trading around the $84,000–$85,000 area today after recently reaching above $87,000. Strong U.S. spot Bitcoin ETF inflows have supported demand, with about $2.65 billion entering ETFs over the past five days. However, around $16 billion of Bitcoin options expire today, which could bring higher short-term volatility. Rising Treasury yields are also creating pressure on risk assets. Traders are therefore closely watching BTC price action and ETF flows today.