Options Traders Bet on Bitcoin Price Increase After Trump's Inauguration Data from cryptocurrency data platform Amberdata reveals that BTC options traders are actively purchasing call options with a strike price of $120,000. This buying activity reflects expectations that the price of Bitcoin will surge following the inauguration of President-elect Donald Trump on January 20th. Greg Magadini, Amberdata's Head of Derivatives, explains that positive announcements or policy developments surrounding the inauguration could drive the price of BTC higher. This bullish sentiment among options traders aligns with broader market optimism towards Bitcoin's long-term potential.

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