Bitcoin Options Show Traders Betting on $100,000 by Year-End
- $100,000 call is the largest wager for the Dec. 27 expiry
- The original token set a new record, passing $82,000 Monday
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Bitcoin options traders buoyed by Donald Trump’s election victory are already eyeing a landmark price of $100,000 for the original cryptocurrency, after it surged to a fresh record on hopes for a more crypto-friendly administration.
Investors are lining up bets that Bitcoin will pass the milestone as soon as the end of the year, according to data from crypto options exchange Deribit. The token topped $82,000 for the first time on Monday.