Bitcoin price has reached an all-time high

According to Coinmarketcap data, Bitcoin’s last 24-hour high price was $93,931. At the time of this publication (21:53 Moscow time), the token was trading at $93,849.86, with a price increase of 4.02% per day. .

Less popular currencies also showed growth. Elon Musk’s favorite cryptocurrency, Dogecoin, rose in price by 12.1% in 24 hours and cost $0.4148. The Solana token gained 2.49% and was trading at $243.95.

The price of Bitcoin began to actively grow against the background of the American presidential elections, which were won by Donald Trump, who promised to make the United States the “crypto capital of the planet.”

On Tuesday, November 19, the start of Bitcoin ETF options trading on the US Nasdaq added confidence to traders. The platform has launched options trading for the iShares Bitcoin Trust (IBIT) fund from one of the world’s largest investment firms, BlackRock.

As noted by Bloomberg, the new tool will allow investors to use derivatives to bet on the world’s largest digital asset. Alison Hennessy, head of Nasdaq’s exchange-traded products listing division, noted that the exchange, along with BlackRock, had been negotiating with regulators for more than ten months to implement this project.

“Options on IBIT are ready to be traded on the terminal. Today a new era begins. Will they break rookie records? I am inclined to think so,” wrote Eric Balchunas, senior ETF analyst at Bloomberg Intelligence, on the social network .