May 15, 2025

Bitcoin heads for $70,000 – What’s behind the surge?

1 min read

Bitcoin is on a tear, eyeing the $70,000 mark. So, what’s driving this latest surge? Let’s break it down. The expiration of over $3.9 billion worth of Bitcoin futures options is a big deal. These options expired early morning on Deribit and set BTC’s “max pain point” at $63,000. For those unfamiliar, the max pain

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