Bitcoin hovers near 71K as 18.6B options expiry looms and exchange supply hits seven-year low

Exchange supply falls to a seven-year low

Bitcoin is holding near $71,000 as easing geopolitical tensions calm risk sentiment. Traders are watching Friday’s $18.6 billion options expiry for the next directional cue, while Bitcoin on exchanges has fallen to a seven-year low, pointing to tighter available supply. Ethereum is lagging under selling pressure, and the broader market remains compressed, waiting for a decisive trigger.