#BTCBreaksATH
Bitcoin jumps to a new all-time high of $109,588 on Monday.
Bitcoin open interest crosses $71 billion as crypto market heats up for Trump’s inauguration.
Bitcoin volatility climbs to 73%, and bullish sentiment suggests traders expect short-term market swings, positioning for the upside.
Higher demand for upside leverage supports gains in Bitcoin price, BTC enters price discovery
Bitcoin (BTC) rallies to a new all-time high of $109,588 on Monday as crypto traders anticipate gains in the sector with the upcoming inauguration of President-elect Donald Trump. Derivatives traders position themselves for an upside in BTC, and experts predict short-term price turbulence, followed by steadier movements beyond next week.