A major strategy has halted its Bitcoin accumulation, ending a six-week buying streak. This pause comes amid heightened market activity, as traders have placed a significant $1.7 billion options bet on Bitcoin surpassing $100,000 by the end of the year. Meanwhile, XRP saw a 7% increase following the launch of Ripple-linked ETFs, signaling strong investor interest in the cryptocurrency.
Bitcoin Accumulation Pauses; $1.7B Bet on $100K Rally
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
