Bitcoin Hits All-time High of $93,800
The world’s most valuable cryptocurrency continues its winning streak.
By: yyctrader • November 19, 2024
Markets
Bitcoin hit an all-time high of $93,800 on Nov. 19, exceeding its previous record from six days ago.

The world’s most valuable cryptocurrency was boosted after options trading for Bitcoin ETFs went live earlier this morning. Spot Bitcoin ETFs pulled in $255 million yesterday, reversing a two-day losing streak.
“A few hundred million so far in options volume on $IBIT (a ton for Day One),” noted Bloomberg ETF analyst Eric Balchunas. He went on to highlight the bullish positioning of options traders, with some betting on BTC doubling in the next month.
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