Bitcoin Price Drops Below $112,000 Ahead of $22.6 Billion Futures Expiry
Crypto markets started Thursday on a cautious footing with Bitcoin slipping to $111,700 (roughly Rs. 99 lakh) and Ethereum at $4,006 (roughly Rs. 3.5 lakh) after a 4.3 percent drop. Investors await US GDP data and jobless claims, while futures expiry worth $22.6 billion adds pressure. Despite bearish undertones, Ethereum shows resilience with exchange supply hitting nine-year lows, suggesting potential upward momentum if it sustains above $4,200 (roughly Rs. 3.7 lakh).
