Here's the latest Bitcoin news:

*Bitcoin Price Update*

Bitcoin's price has risen 0.89% to $95,078, but it's still struggling to reach the $100,000 mark.¹

*Record-Breaking Options Expiry*

Today, a record-breaking $18 billion in Bitcoin and Ethereum options expire, which could lead to significant market volatility.²

*US BTC-Spot ETF Market*

The US BTC-spot ETF market has seen significant outflows, with $263 million withdrawn in the past week. BlackRock's IBIT remains the largest BTC-spot ETF, but investors are cautious due to concerns over the Fed rate path and the Strategic Bitcoin Reserve (SBR) debate.

*Strategic Bitcoin Reserve*

The SBR debate continues, with some experts questioning whether the US will adopt Bitcoin as a strategic reserve asset. If the US government doesn't approve BTC as a strategic reserve asset, it could lead to intense selling pressure.

*Technical Analysis*

Bitcoin's technical analysis shows a bullish price trend, with the 50-day and 200-day Exponential Moving Averages (EMA) indicating a potential move towards $100,000. However, a drop below $90,742 could signal a potential fall to $86,263.