Bitcoin Price Today: BTC Steadies Near $84K Ahead of Expiry
Bitcoin holds near $84,000 as bond yields and oil ease. XRP and SOL rise, Quant jumps 39% and $14B of BTC options expire on 25 September.
The crypto market steadied on Friday after Wednesday's sell-off driven by rising bond yields. Early on 25 September (UTC), Bitcoin changed hands near $84,100, a gain of roughly 0.6% in 24 hours. All eyes now turn to a large options expiry later in the day.
Market snapshot
- Ether: close to $2,675, up 0.3%.
- XRP: up about 3.6% at $1.54.
- Solana: up about 2.2% at roughly $116.5.
- Large caps overall: about 1.3% higher as a group.
What stopped the slide
Two pressures on risk assets eased at the same time.
First, US government bonds calmed down. The 10-year Treasury yield eased by about 2 basis points to around 5.17%. That is a small move, but it followed a jump of more than 20 basis points across the two previous sessions, which had weighed heavily on crypto.
Second, oil prices cooled. Brent crude slipped about 1% to near $105 a barrel amid reports of a phased US-Iran deal involving the Strait of Hormuz. Cheaper oil takes some heat off inflation fears, and lower inflation expectations tend to help assets like bitcoin.
Quant and Ondo lead the gainers
Most major coins stayed within a 2% range, so the real action was further down the table. Quant (QNT) soared about 39% to near $100. The trigger was a first-of-its-kind tokenised-deposit pilot in the UK, run with the country's biggest banks on Quant's technology. Ondo (ONDO) also rallied, climbing about 27% to around $0.54.
The $14 billion expiry
Roughly $14 billion worth of bitcoin options are due to expire on Deribit at 08:00 UTC on Friday, 25 September, which is 1:30 pm IST. A heavy cluster of call options sits at the $85,000 strike, just above the current price, so bitcoin could see choppy trading around that level as the deadline approaches. Some analysts view the recent dip as a temporary pause within Bitcoin's broader uptrend rather than a change in direction.
What it means for Indian crypto investors
Quarterly expiry days are known for quick, sharp swings in both directions. If you trade leveraged futures, whether on an Indian or an offshore platform, keep positions small and stop-losses in place today. Fees and funding costs add up quickly on a whipsaw day, so trading less often can be the safer choice.
For long-term holders, one expiry session makes little difference. The factors that matter more are the path of US bond yields and the Federal Reserve's next decision. For background, read our explainer on options expiry and max pain, and check upcoming dates on our Bitcoin options expiry calendar.
FAQ
What is the Bitcoin price today?
Early on 25 September 2026 (UTC), Bitcoin was trading near $84,100, about 0.6% higher over 24 hours. Check the live BTC price in INR on our Bitcoin page.
When do Bitcoin options expire today?
Around $14 billion of BTC options expire on Deribit at 08:00 UTC (1:30 pm IST) on 25 September.
Why did Quant (QNT) pump today?
QNT rose about 39% after major UK banks completed tokenised-deposit transactions using infrastructure built by Quant.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
