$BTC Bitcoin has slid back toward around $65,000–$66,000 after early-week gains, as crypto markets weaken. The recent bounce from last week’s downturn has mostly faded.
Analysts warn that U.S. inflation data (CPI) coming out today could push BTC down toward $60,000 if figures signal persistent inflation, affecting risk assets like Bitcoin.
Overall crypto markets, including BTC and Ethereum, are in a broader downturn today with heavy selling pressure on digital assets.
Market Events & Volatility Ahead
$3 billion worth of Bitcoin & Ethereum options expire today, which often leads to elevated volatility as traders close or roll positions.
Coinpedia Fintech News
Bitcoin ETFs are seeing outflows — investors are withdrawing around $410 million from US spot BTC ETFs, with banks reportedly lowering price outlooks.
Context: Risk Sentiment & Investor Caution
Bitcoin is caught in a risk-off market mood meaning investors are avoiding risky assets, which puts downward pressure on BTC and most altcoins.