Crypto investment products saw $414M in outflows last week, marking the first time in five weeks. Ethereum products led the outflows. #Crypto #Ethereum
🚨 Crypto Market Update: Bitcoin Near $71K – Big Move Coming?
Bitcoin (BTC) is currently approaching the $70K–$71K level, showing strong bullish momentum in the market. 📈
One major factor to watch is the upcoming $18.6 billion options expiry, which could trigger significant volatility in the coming days. Experts believe this could be a key turning point for BTC’s short-term direction.
🔍 Another bullish signal:
Bitcoin supply on exchanges is at a 7-year low, meaning investors are holding rather than selling.
However, the market remains sensitive to global events. Rising geopolitical tensions recently caused BTC to dip below $69K, showing how external factors can quickly impact crypto prices.
💡 Overall outlook:
Bullish momentum still strong High volatility expected Market direction may change soon ⚠️
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