On November 19, the price of Bitcoin exceeded $93.9 thousand for the first time in history. The cryptocurrency updated its record amid the launch of trading in Bitcoin ETF options on the American Nasdaq exchange.
Bitcoin price has reached an all-time high
Author: Timur Batyrov
According to data Coinmarketcap, at the maximum over the last 24 hours, the price of Bitcoin was $93,931. At the time of publication (21:53 Moscow time), the token was trading at $93,849.86, having risen in price by 4.02% per day.
Less popular coins also showed growth. Elon Musk’s favorite cryptocurrency Dogecoin in 24 hours went up in price by 12.1% and cost $0.4148. Solana token added at a price of 2.49% and traded at $243.95.
The price of Bitcoin began to actively grow against the backdrop of the American presidential elections, which were won by Donald Trump, who promised to make the United States the “crypto capital of the planet.”
On Tuesday, November 19, the start of trading in options for Bitcoin ETFs on the American Nasdaq exchange added confidence to traders. The platform has launched trading in options for the iShares Bitcoin Trust (IBIT) fund from one of the world’s largest investment companies, BlackRock.
How noted Bloomberg, a new tool will allow investors to use derivatives to bet on the world’s largest digital asset. Alison Hennessy, head of Nasdaq’s exchange-traded product listing division, noted that the exchange, along with BlackRock, had been negotiating with regulators for more than ten months to implement this project.
“Options on IBIT are ready for trading on the terminal. Today begins a new era. Will they break rookie records? I’m inclined to think so,” wrote on social network X, Bloomberg Intelligence senior ETF analyst Eric Balchunas. Expert notedthat on the first day the trading volume of options on IBIT amounted to several hundred million dollars.
Cover photo: Costfoto/NurPhoto via Getty Images
Source: rb.ru
