Bitcoin’s latest surge to an all-time high near $91,000+ is a landmark moment that’s lighting up the entire crypto space.
Following Trump’s election victory, which he promised would make America the “crypto capital of the planet,” investors have responded with a bull run like no other.
The largest cryptocurrency, which has risen by more than 33% since Election Day, reflects not just an optimistic market but a wave of institutional and public sentiment about what pro-crypto policies could mean for the U.S.
Trump’s election was a windfall for Bitcoin futures.
Open interest in the price of Bitcoin surpassing $90,000 hit over $2.8 billion on platforms like Deribit.
Everyone is going crazy.
The crypto options market has leaned heavily toward calls — indicating that investors believe the price will go even higher, especially given Trump’s proposed rate cuts and regulatory reforms.
CME futures premiums on both Bitcoin and Ether have doubled, an indication that institutional players are also banking on continued growth.