Bitcoin Buying Streak Paused as Traders Bet $1.7B on Year-End Rally

Strategy ends six weeks of continuous Bitcoin accumulation while traders wager billions on a price above $100K; XRP rises on Ripple-linked ETF launch.

BTC

XRP

98d ago

Summary

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Terms & Concepts

Bitcoin Options: Contracts allowing traders to speculate on or hedge against Bitcoin price movements at a future date.
ETF (Exchange-Traded Fund): An investment fund traded on stock exchanges, holding assets like stocks or cryptocurrencies.
XRP: A digital asset used in Ripple's payment network, designed for fast, low-cost cross-border transactions.