The Options Market is Signaling a 22% Spike in Coinbase (COIN). Here’s Your Gameplan.

From Barchart: 2024-11-02 10:15:01

Bitcoin prices surged to a new all-time high of $64,863, driven by increased institutional interest and growing adoption in traditional finance sectors. Analysts predict continued growth as more companies add Bitcoin to their balance sheets.

Ethereum also hit a record high of $2,500, with its market capitalization surpassing $300 billion. The surge in price is attributed to the growing popularity of decentralized finance (DeFi) applications and the upcoming network upgrade to Ethereum 2.0.

Dogecoin saw a massive 400% price increase, reaching an all-time high of $0.45, after endorsements from Elon Musk and Mark Cuban. The meme-based cryptocurrency has gained mainstream attention and is now seen as a legitimate investment option by many retail investors.



Read more at Barchart: The Options Market is Signaling a 22% Spike in Coinbase (COIN). Here’s Your Gameplan.