By Isaac • September 25, 2026 3:09 pm •
Bitcoin made it through one of the biggest mechanical tests on the calendar Friday without giving back the rally that carried it out of a weeks-long range.
The largest cryptocurrency eased to roughly $83,600 after trading near $87,000 earlier in the week. That dip mattered less than what did not happen: a major options expiry arrived, leverage came out of the system, and Bitcoin still held well above the $75,000-to-$81,000 zone that had contained it.
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Decrypt reported that $15.6 billion in Bitcoin options expired on Deribit. The same market snapshot showed open interest down 14.39% and 24-hour trading volume down 13.68%.
Liquidations were unusually balanced—about $162 million in longs versus $156 million in shorts. The numbers
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