Bitcoin Surges Past $97K, Eyes $200K Amid Market Optimism
TL;DR Summary
Bitcoin's price surged past $97,000, driven by increased volatility and optimism around regulatory changes following the U.S. presidential election. The rise has been fueled by new ETF listings and options trading, with analysts predicting further growth. BlackRock's Bitcoin ETF has surpassed its gold ETF in net assets, highlighting the shift in investor focus. Despite the rapid price increase, analysts suggest the market is not overheating, with Bitcoin's funding rate for perpetual contracts remaining stable.
- Bitcoin Price Blasts Past $97,000 as Futures Hint at More Room to Run Decrypt
- Surprise BlackRock ‘Tipping Point’ Predicted To Send Bitcoin Price To $200,000 Forbes
- Bitcoin Climbs Closer to $100,000 on Trump’s Support for Crypto Bloomberg
- Bitcoin Futures Smash Through $100K Barrier on Deribit CoinDesk
- Bitcoin climbs, reaching a new all-time high above $97,000 CNBC
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