Bitcoin Makes New All-Time High of $94,000 as ETF Options Go Live
Spot bitcoin exchange-traded funds options are making solid volume on their first day.
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Market Wrap
Spot bitcoin exchange-traded funds options are making solid volume on their first day.
Bitcoin is leading the broader crypto market higher, outperforming the CoinDesk 20 Index with its 6% advance over the past 24 hours.
The fourth largest crypto could potentially reach its 2021 record highs in the coming days given its relative strength through crypto’s eight-month long consolidation phase, one analyst noted.
Cryptocurrency price milestones continue to topple in the aftermath of Donald Trump’s election victory, as bitcoin on Friday surpassed $77,000 for the first time
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Bitcoin just made a new all-time high, but ether is the real winner here.
Crypto exchange Coinbase’s shares closed the day 31% higher, leading gains among digital asset-related stocks.
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
The final stretch of the U.S. presidential election is keeping traders on their toes, with BTC and Trump Polymarket odds taking a small hit.
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.