Bitcoin Options Traders Target $140,000 as BlackRock ETF Hits Record $49.8 Billion in Open Interest
Bitcoin surged past $125,000 for the first time over the weekend, prompting options traders to increase bets that the cryptocurrency will climb to $140,000 by year's end. The rally, which has pushed Bitcoin up more than 100% in the past year, comes as a U.S. government shutdown fuels demand for asse