Bitcoin
Bitcoin Options Traders Aim for New All-Time High (BTC)
Options traders are increasing bets that Bitcoin will reach an all-time high at the end of the month, with optimism regarding US interest rate cuts and increased flows into exchange-traded funds.
Bitcoin call options with a strike price of $75,000 across all expiries have the highest open interest, which is the number of outstanding contracts. This is followed by strike prices of $100,000 and $80,000, respectively, according to data compiled by the largest crypto options exchange, Deribit. Call options give buyers the right to purchase the underlying asset at a fixed price within a set time frame.