- Options traders are betting on Bitcoin reaching a record high of $80,000 by the end of November, despite the current market downturn.
- The U.S. presidential election is shaping up to influence crypto markets, with Trump actively promoting pro-Bitcoin policies, while Harris has remained quieter on the subject.
The cryptocurrency market is turning downwards, in tandem with the broader stock market. This decline might be dashing hopes of BTC/USD breaking the $70,000 threshold.
Despite the bearish trend, options traders like the odds that Bitcoin could soar to $80,000 by the end of November, regardless of the outcome of the U.S. presidential election.
Para conocer la fecha y hora exactas de estos importantes acontecimientos económicos, importa el BlackBull Markets Calendario Económico para recibir alertas directamente en tu buzón de correo electrónico.
Kamala Harris has remained relatively quiet on the subject of cryptocurrencies, though an adviser recently signaled she would “support policies that ensure that emerging technologies, and that sort of industry, can continue to grow”.
Meanwhile, Donald Trump is actively courting crypto holders, pledging to transform America into the crypto capital of the world and establishing a strategic national cryptocurrency stockpile, akin to the country’s gold reserves.
