Bitcoin Price This Week: BTC Falls Below $67,000 as $14 Billion Expiry and ETF Outflows Bite
Bitcoin traded near $66,900 Saturday after falling from midweek highs above $71,900, following a large quarterly options expiry and outflows from U.S. spot bitcoin ETFs. The ETFs saw net outflows of about $296 million for the week. Deribit settled $14.16 billion in bitcoin options Friday, covering roughly 40% of its open contracts. Brent crude closed at $112.57 a barrel Friday as Wall Street posted a fifth straight week of losses.