Bitcoin, Ethereum, and other altcoins are facing further pullbacks today as traders brace for further selloffs ahead of the largest-ever $23 billion in crypto options expiry. BTC, ETH, XRP, and SOL prices slip amid rising long liquidations over the past 24 hours. In addition, climbing long-term Treasury yields, the US dollar, and gold prices are contributing to rising selling pressure on Bitcoin. Notably, Bitcoin is diverging from gold and tech stocks, with gold following the Global M2 Money Supply.