Bitcoin Grabs onto Fragile Floor Ahead of $10.6B Quarterly Expiry

Bitcoin is holding onto a fragile floor of $60K as it prepares for its quarterly expiry, which is expected to be worth around $10.6 billion.

The cryptocurrency's price has been volatile in recent days, with a drop below the key level earlier this week. However, buyers have stepped in to support the market, keeping the price above the $60K mark.

As the quarterly expiry approaches, investors are bracing themselves for potential volatility. The $10.6 billion figure is one of the largest expiry events in recent history, which could lead to significant price swings.