TLDR Crypto · MARKETS & BUSINESS
BITCOIN PRICE TOPS $80K AS FUTURES PREMIUM SOARS AND $1.6B IN OPEN OPTIONS BET HINTS BIG SWINGS
Summary from the TLDR Crypto newsletter
Bitcoin hit a new all-time high of $80,000, leading to a total weekly gain of 15%. The premium on futures contracts, which give the buyer the right to buy Bitcoin at a future date for a set price, has soared, indicating a continued bullish sentiment.