Bitcoin nears $71K; Friday’s $18.6B options expiry in focus, exchange supply at 7-year low

Bitcoin hovered near $71,000 as geopolitical tensions eased, with traders eyeing a $18.6 billion options expiry as a key catalyst. Bitcoin held on exchanges dropped to a seven-year low, signaling reduced available supply. Ethereum lagged, facing selling pressure. The market remains in a compression phase, awaiting a clear trigger.