Galaxy Digital: Bitcoin could rise sharply after breaking $36,000
Bitcoin could see a sharp increase in value as soon as it crosses the $36,000 mark, according to the sentiment of options market participants. Options are contracts that offer the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price. As the price of Bitcoin has risen, the demand for options has increased. According to data from Galaxy Digital and Amberdata, market makers have become profitable as…
