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0.094 million US dollars is not the limit! Options traders are betting on bitcoin to continue rising.
Traders believe that bitcoin may break more records.
US stocks are volatile | Bitcoin breaks through $94,000 to hit a new high, with crypto concept stocks generally rising.
On November 20, Gelonghui reported that Bakkt Holdings rose by over 17%, MicroStrategy increased by nearly 10%, bit origin, ebang international, and cleanspark saw gains of over 5%, while Coinbase rose by over 3%. In terms of news, bitcoin broke through $94,000 per coin today, reaching a new high. An analyst from HashKey Group pointed out that once bitcoin stands at $0.09 million, there will still be room for further increases, and the promise that 'bitcoin will become a reserve asset for the USA' will be fulfilled. Once this move is implemented, it will open up new upward space for the market.
Another milestone moment! Bitcoin etf options debut, prices repeatedly hitting new all-time highs, next target set at $0.1 million?
With the official launch of options for the global largest asset scale bitcoin etf - Blackrock iShares Bitcoin ETF, bitcoin is expected to shake off the long-standing high-risk negative label of "high volatility" and gradually align with the "low volatility" trading attributes of traditional major assets, thereby attracting more investors to participate in the investment in bitcoin or other cryptos.
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Bitcoin Hits All-Time High Above $94,000. The Stars Allign for Crypto Stocks. -- Barrons.com