Bitcoin Surges to New Record High Above $126K Amid Market Rally
TL;DR Summary
Bitcoin's recent record rally has led options traders to bet on a potential rise to $140,000, with open interest around that strike price, amid a surge in demand driven by safe-haven demand during a US government shutdown and increased spot market activity. Despite the rally, traders remain cautious about volatility and potential corrections, with some seeing opportunities in overbought conditions.
- Bitcoin Option Traders Eye $140,000 After Record-Setting Rally Bloomberg.com
- Bitcoin hits new all-time record high Reuters
- Bitcoin Sets New Record High Above $126K As Political Gridlock Boosts Haven Assets Yahoo Finance
- Bitcoin Price Levels to Watch After Cryptocurrency Hits Record High Above $125,000 Investopedia
- Bitcoin notches new record high amid “Uptober” surge Sherwood News
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