Can Bitcoin hold $62K ahead of Friday’s $1.4 billion options expiry?

60-second summary

Bitcoin is facing a critical test as US 10-year Treasury yields surge towards a potentially destabilizing level, coinciding with a $1.4 billion options expiry on Deribit this Friday. This convergence of events could trigger significant price volatility, with a breach of $62,000 potentially unleashing a wave of selling pressure on the market.