Key facts: Bitcoin's price fell below $109,000, its lowest in three weeks, causing $275 million in liquidations. Traders are eyeing the $22 billion Bitcoin options expiry on Friday.
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- Bitcoin's price fell below $109,000, its lowest in three weeks, causing $275 million in liquidations. Traders are eyeing the $22 billion Bitcoin options expiry on Friday.1
- Favorable regulations and Bitcoin's strong performance have boosted digital asset adoption among companies, emphasizing Bitcoin's importance in corporate treasuries.2
- BlackRock has registered a Delaware trust for its Bitcoin Premium Income ETF, using a covered call strategy on Bitcoin futures to generate yield, possibly limiting upside compared to its spot ETF.3