Investing.com– Bitcoin steadied on Friday, remaining within spitting distance of the coveted $100,000 level as optimism over friendlier U.S. regulations and increased interest from options trading boosted the crypto.
The world’s largest cryptocurrency hit a series of record highs this week, with a rally after Donald Trump’s election win showing few signs of easing.
added 0.2% to $97,568.0 by 09:03 ET (14:03 GMT). The coin hit a record high of $99,486.10 earlier in the session, and was up around 9% this week.
Bitcoin trading was also boosted by the launch of options tracking Blackrock’s iShares Bitcoin Trust (NASDAQ🙂 exchange-traded fund, with traders seen piling into call options on the crypto.
Bitcoin $100k milestone in sight
Bitcoin was within spitting distance of the coveted $100,000 level, after more than doubling in value so far in 2024.
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