Bitcoin faces $18.6B options expiry Friday as bulls eye $75,000 break

Bitcoin is heading into a $18.6 billion monthly options expiry on Friday, with bulls needing a roughly 6% move from around $70,900 to reach $75,000 and tilt the settlement in their favor. The market has traded between $67,700 and $71,600 over the past week, and the options positioning implies most call exposure could lapse if BTC cannot hold above key strike levels into the 8:00 am UTC expiry.