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#BTC_Update Bitcoin futures have surpassed the $100K mark on Deribit, signaling strong market expectations. Contracts for March, June, and September 2025 indicate bullish sentiment, with a $100K call option boasting over $2 billion in open interest. 📈💰 - March 2025 futures at $101,992, a 4.8% premium over the spot price. - June and September contracts traded at $104,948 and $107,690, respectively. - $100K call option has a notional open interest of $2.13 billion.
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$𝟵𝟬𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬 worth of #Bitcoin shorts will get liquidated at $𝟭𝟬𝟬,𝟬𝟬𝟬 🤩
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📈 LATEST: Polymarket odds currently give a 81% chance of #Bitcoin hitting $100K in November. Bitcoin is less than 3% away from $100,000.
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🆘 What happened in Crypto in the last 12h? 🆘 • $BTC - Bitcoin has risen to 95K. However, altcoins have not kept up, and Bitcoin dominance continues to trend higher. • $BTC - Texas Legislator Declares “I Want Texas to Have a Strategic Bitcoin Reserve First” • Binance spot and derivatives trading volume reached $3.5T in the past 30 days, significantly outpacing major global stock markets. This was 10% more than Nasdaq and double the volume of NYSE. • The Trump team is reportedly in talks with the cryptocurrency industry to create a position in the White House dedicated to cryptocurrency policy. • Nvidia's much-anticipated Q3 earnings have been released. Revenue was $35.1B, up 94% year-over-year and exceeding market expectations of $33B. • $FLOKI - Coinbase has announced the $FLOKI-USD market, which will begin on Nov 21 9AM PT. • $USDT - 1B $USDT were newly minted at the Tether Treasury. And 140m $USDC were minted too. • Phantom Wallet ranks No.1 in the Utilities category in the IOS App Store. • $SOL - Bitwise has confirmed that it has submitted an S-1 application for a Solana spot ETF • $CHILLGUY - The TikTok meme $CHILLGUY jumped sharply overnight, touching a $500M M.C. Moonshot App, which listed $CHILLGUY yesterday, more than doubled its daily fee revenue in a single day. • $BAN - Justin Sun announced the purchase of Comedian, a physical artwork of the $BAN, at Sotheby's auction for $6.2 million.
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Is everyone and their dog watching MVRV-Z for the #Bitcoin cycle top? You bet. But that hasn't stopped it from showing us perfectly where we are in the cycle. The All Time High break. The same thing that has led to every other powerful bull market. Two tops to go. More people will abandon ship early this cycle than ever before, which isn't overenthusiasm; it's just psychology. So many were burned in 2021 and held to the bottom, they're scared, and they want to lock in the profit. Relax, this is what we've been waiting for! It's just getting started.
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