Bitcoin Retreats Below $90,000 Ahead of $23.7 Billion Options Expiry

The assessment is based on strong, consistent evidence from multiple high-authority sources that corroborate both parts of the statement. First, the claim that Bitcoin's price fell below $90,000 is directly supported. A CoinDesk report and a Yahoo Finance article both state that Bitcoin fell below $88,000, which is logically below $90,000. Another report from The Block mentions Bitcoin's price "slipping" in the same context. The plausibility of this price level is further supported by a Yahoo Finance page quoting an all-time high above $126,000.Second, the claim of a large Bitcoin options expiry event is also overwhelmingly confirmed. Crucially, two sources (one from The Block, another from Yahoo Finance) explicitly state the value of this event as "$23.7 billion," matching the figure in the statement perfectly. Other highly credible sources report a similar, massive expiry event valued between $27 billion and $28.5 billion, which serves as strong corroborating evidence for an event of this scale.While one source from CoinMarketCap presents a conflicting all-time high of ~$65,000, which would make the statement impossible, this is a single outlier. It is heavily outweighed by the multiple, consistent, and more detailed reports from specialized financial news outlets like CoinDesk, The Block, and Yahoo Finance. The minor discrepancies in the exact dollar value of the options expiry across different reports are common in financial reporting and do not undermine the core truth of the event. Therefore, the combined evidence strongly supports the statement as true.