Bitcoin Slumps To 3-week Low As Market Repositions

Bitcoin briefly plunged below $109,000, recording a three-week low. Hours before the expiration of $22 billion in options, scheduled this Friday, pressure is rising among investors. In a context of increased volatility and macroeconomic uncertainties, positions are being urgently readjusted. The crypto market is entering a decisive sequence where each broken level could amplify the upcoming movements.