Bitcoin Announces New ATH During BlackRock’s IBIT Options Launch | Video

Today’s chart is brought to you by Crypto.com, the leading crypto platform trusted by over 100 million users worldwide. Let’s take a look at the chart of the day. Tickeriit saw surprising trading activity on the first day on Tuesday, pushing the price of BTC higher as Bitcoin posted a new all-time high above $94,000 as an option on BlackRock’s spot Bitcoin ETF. Most of the activity focused on calls representing the bullish outlook that some investors were betting on. With iIt’s share price doubling, options on other Bitcoin ETFs will also increase in the coming days, leading to more activity. It’s not just Bitcoin where the crypto action is concentrated. Trading volumes of popular altcoins such as Dogecoin and XRP have surpassed Bitcoin on South Korean crypto exchanges with a slight increase. MicroStrategy is also among the 100 largest publicly traded companies in the United States by market capitalization, and its capital is now approaching $100 billion. Shares rose nearly 14% after the self-described Bitcoin developer raised its latest capital raise to $2.6 billion. The proceeds will be used to purchase more Bitcoin. That’s it for today’s chart of the day. I’m Christine Lee, checking in with you next time to uncover more data behind the big news.