BTC traded above $96 500 in early Asian Hours, less than 6% of a $100,000 landmark figure that would push the company above a market capitalization of $2 trillion.
Bitcoin (BTC), momentum shows no sign of slowing down. A rally catalyzed Republican The asset that was worth $97,000 earlier in the month is now worth over $97,000. Thursday.
BTC traded at above $97.500 in early Asian In just a few hours, the market capitalization would have risen to $2 trillion.
It Data shows that bitcoin has risen by nearly 30% over the past 14-day period, largely due to a crypto-friendly government in the U.S., and a new round of rate reductions by the Federal Reserve The return of risk appetite among traders The The term run is used in colloquial language. “Trump trade” Since then, all asset classes, from stocks to bonds, have gained in value. Donald Trump’s Win the election
Swift Interest in the BlackRock IBIT options that track bitcoin prices, are physically settled and have a pro-crypto cabinet as a foundation, has been growing.
As CoinDesk first reported WednesdayThe Trump Transition team is considering Teresa Goody Guillén, partner at law firm BakerHostetler and co-lead of its blockchain team, among several candidates to become the next SEC chair, industry sources said.
MeanwhileIBIT options Launched at a $2 billion On their first day of trading, they have achieved a significant milestone. This is indicative of a changing market structure.
“The options market for BlackRock’s BTC spot ETF (IBIT) made a strong debut, trading an astounding 73k contracts within the first hour on Tuesday with a bullish call-to-put ratio of 4.4:1,” SingaporeQCP-based Capital “Said in a Telegram Message earlier Thursday. “This activity places IBIT among the top 20 most active non-index options, underscoring the growing institutional confidence in Bitcoin as a mainstream asset class.”
“This market response is likely to attract new investor cohorts and enable diversified trading strategies, which could help reduce both volatility and downside risk, solidifying Bitcoin’s place in mainstream markets,” They added.
Banks The traditional financial analysts have set a target of $200,000 for the coming months. Republican win.
UPDATE (Nov. 21, 05:15 UTC): Updates Prices throughout.
Every trader who trades cryptocurrency on the Binance exchange wants to know about the upcoming pumping in the value of coins in order to make huge profits in a short period of time.
This article contains instructions on how to find out when and which coin will participate in the next “Pump”. Every day, the community on Telegram channel Crypto Pump Signals for Binance publishes 10 free signals about the upcoming “Pump” and reports on successful “Pumps” which have been successfully completed by the organizers of the VIP community.Watch a video on how to find out about the upcoming cryptocurrency pump and earn huge profits.
These trading signals help earn huge profit in just a few hours after purchasing the coins published on the Telegram channel.Are you already making a profit using these trading signals? If not, then try it!We wish you good luck in trading cryptocurrency and wish to receive the same profit as VIP subscribers of the Crypto Pump Signals for Binance channel.
