Morning Edition · Friday, September 25, 2026Published at 9:11 AM EDT · New York
US spot bitcoin funds have erased a $5.8 billion outflow deficit to reach about $800 million of net inflows, while roughly $14 billion of options expired on Deribit.

Bitcoin traded near $84,000 on Thursday and Friday, while volatility in the bond market drove the broader market narrative. Treasury yields eased after their recent sharp rise, and oil prices declined on reports of a phased United States an…
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Dollar Liquidity Sets Crypto's Direction
Bank reserve levels and Treasury cash management increasingly determine crypto price direction more than crypto-native flows, tying digital assets to the same funding cycle as leveraged equities.
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