Bitcoin Reaches New High as ETF Options Trading Surges

Bitcoin surpasses $94,000 following the launch of options trading on BlackRock's ETF, marking a milestone in institutional crypto investment.

Bitcoin's price hit a record high of over $94,000, driven by the successful debut of options trading on BlackRock's iShares Bitcoin Trust ETF.
The introduction of ETF options is expected to enhance liquidity and provide new investment strategies, attracting more institutional investors to Bitcoin.
Donald Trump's election victory and the potential acquisition of crypto trading firm Bakkt by his media company have fueled optimism for a crypto-friendly regulatory environment.
The global cryptocurrency market value has surpassed $3 trillion, reflecting increased interest and investment in digital assets.
Despite high trading volumes and bullish sentiment, experts caution about potential short-term corrections and emphasize the importance of risk management.