Bitcoin Soars to Record Highs Amid ETF and Trump-Related Buzz

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Source: Investor's Business Daily
Bitcoin Soars to Record Highs Amid ETF and Trump-Related Buzz
Photo: Investor's Business Daily
TL;DR Summary

Bitcoin reached a new record high near $95,000 as options for spot bitcoin ETFs launched, with BlackRock's iShares Bitcoin Trust seeing significant trading volumes. Grayscale and Bitwise are also introducing options for their bitcoin ETFs. Meanwhile, MicroStrategy's Michael Saylor plans to pitch bitcoin as an investment to Microsoft's board, following MicroStrategy's recent acquisition of more bitcoin. Cryptocurrency stocks showed mixed performance, with some miners retreating after initial gains.

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