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Bitcoin Stays Bearish As $1.47B Options Expiry Hits Amid Trump’s Bombing Threat on Iran

CoinGape·October 16, 2026·1 min read
Bitcoin Stays Bearish As $1.47B Options Expiry Hits Amid Trump’s Bombing Threat on Iran

Bitcoin stayed bearish on October 16 as $1.47 billion in BTC options expired amid worries over possible U.S. military strikes against Iran. The expiration coincided with a wider pullback in financial markets, further deterring Bitcoin's recovery path and its next big move, according to Greeks.Live.

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