Deribit CEO Luuk Strijers discusses the potential for a Bitcoin rally.
Bitcoin call options rise ahead of U.S. election, indicating potential price uptrend.
Options traders expect Bitcoin to reach $100,000 by December 27, says Deribit CEO Luuk Strijers.
Deribit CEO Luuk Strijers warns of short-term volatility for Bitcoin, which currently holds above $60,000, highlighting a $5.8 billion market impact on Friday.
Bitcoin and the broader crypto market face significant risks, according to Deribit CEO Luuk Strijers, with investors remaining cautious ahead of key financial events. Correlation with gold is currently above average, indicating similar sentiment towards risk.
Ethereum's options market suggests a bullish trend continuation, spurred by the SEC's actions on May 20. Deribit CEO Luuk Strijers comments on the cryptocurrency's quick market recovery, especially for Ethereum.