Bitcoin hits a new all-time high again! ETF options are coming out, aiming to shake off the 'high volatility' label.
ETF options ignite the bullish sentiment, helping bitcoin hit new highs! Nasdaq has started offering options for iShares Bitcoin ETF, and so far in 2024, the market cap of the largest cryptocurrency bitcoin has doubled in value.
Latest cryptos news | Bitcoin briefly broke through the $0.094 million mark; Trump nominates the Secretary of Commerce to support cryptos.
Bloomberg's senior etf analyst Eric Balchunas posted on the X platform: "So far, the options trading volume on blackrock's IBIT has been several hundred million dollars. The ranking by contract trading volume shows that almost all are calls. It looks very optimistic, especially the C100 for December 20, which is essentially betting that the price of bitcoin will double next month."
Bitcoin broke through $94,000 for the first time, good news beyond the 'Trump trade'.
① Bitcoin once surged to a historic high of over $94,000, as the cryptos market welcomed many bullish news this week; ② Since the USA election on November 5, the price of bitcoin has been on a steady rise, as traders believe the Trump administration will reduce regulatory restrictions; ③ This week, it was reported that the Trump Media Group plans to fully acquire the crypto trading platform Bakkt.
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Express News | Data: Over 60 listed companies have adopted a bitcoin global strategy.