Bitcoin surges to record high near $100k on Trump optimism and ETF options launch

From Investing.com
November 21, 2024 01:28:59 AM:

Bitcoin surged to a record high near $100,000, driven by optimism over Trump’s potential reelection and the launch of options on a Bitcoin ETF. Altcoins, however, remained mostly flat. Trump’s promise to create a new role for crypto regulation in the White House further fueled the rally. Options trading for a Bitcoin ETF generated nearly $1.9 billion in notional exposure. Coinbase CEO sold nearly $300 million in shares as the company’s stock soared on Trump’s election win. Altcoins like Ethereum and Dogecoin lagged behind Bitcoin’s rally.

Read more at Investing.com: hits record high over $97k on Trump hype, ETF options launch By Investing.com