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Bitcoin Nears $100K as BTC Battles Pullback with Bullish Sentiment

Bitcoin has reached yet another new record above $98,000 in New York Thursday morning. BTC futures on Deribit maturing next year are already trading above the $100,000, when will bitcoin eventually cross that threshold? CoinDesk's Christine Lee presents the "Chart of the Day."

Chart of the Day

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Bitcoin Futures Smash Through $100K Barrier on Deribit

Deribit's BTC futures expiring in March, June and September 2025 trade above $100,000.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Les contrats à terme sur Bitcoin franchissent la barre des 100 000 $ sur Deribit

Les contrats à terme BTC de Deribit expirant en mars, juin et septembre 2025 se négocient au-dessus de 100 000 $.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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I futures Bitcoin superano la barriera dei 100.000 dollari su Deribit

I futures BTC di Deribit con scadenza a marzo, giugno e settembre 2025 vengono scambiati sopra i 100.000 $.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Ang Bitcoin Futures ay Bumagsak sa $100K Barrier sa Deribit

Ang BTC futures ng Deribit ay mag-e-expire sa Marso, Hunyo, at Setyembre 2025, trade sa itaas ng $100,000.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Фьючерсы на Bitcoin преодолели барьер в 100 тыс. долларов на Deribit

Фьючерсы Deribit на BTC , срок действия которых истекает в марте, июне и сентябре 2025 года, торгуются выше 100 000 долларов США.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Futuros de Bitcoin quebram barreira de US$ 100 mil na Deribit

Os futuros de BTC da Deribit com vencimento em março, junho e setembro de 2025 são negociados acima de US$ 100.000.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Los futuros de bitcoin superan la barrera de USD 100.000 en la plataforma Deribit

Los futuros de bitcoin de Deribit que vencen en marzo, junio y septiembre de 2025 cotizan por encima de USD 100.000.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Ф’ючерси на Bitcoin перевищують бар’єр у 100 тисяч доларів США на дерибіті

Ф'ючерси BTC Deribit, термін дії яких закінчується в березні, червні та вересні 2025 року, торгуються вище 100 000 доларів США.

Contracts expiring in March 2025 and beyond trade above $100K. (Deribit)

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Bitcoin Traders Wary of Price Drop in U.S. Election Week, CME Options Show

"It looks like bitcoin options traders appear to be hedging their bets to the downside ahead of the U.S. election this week," one observer said, noting pricier puts on the CME.

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