As reported by NewsBTC, Bitcoin may be closing in on a new all-time high following a 40x expansion in options limits for BlackRock’s IBIT, filed by Nasdaq. Max Keiser, a Bitcoin advocate, highlighted the move as a key development that could unlock larger institutional flows. On-chain data also shows increased accumulation from large and retail holders, while price action suggests support in the $80,000 zone. Market makers and banks, including JPMorgan, are reportedly preparing Bitcoin-backed structured notes, which could bring steady institutional demand.
Bitcoin Maxi Says ATH Back On The Table After 40x Derivatives Surge
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