Crypto

Bitcoin Tests $59K as ETFs Shed $692M, Options Expiry Looms

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In brief

  • Bitcoin slipped below $60,000 to an intraday low of $58,189, down 6.4% over the week and near its lowest level since September 2024.
  • U.S. spot Bitcoin ETFs shed just under $692 million on Thursday, their biggest one-day outflow since late May.
  • A $10.6 billion options expiry hits Friday,…

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