Institutional Investors Target Bitcoin and Ethereum Options as Crypto Market Booms

Recent price surges in both Bitcoin and Ethereum have caught the attention of institutional investors, prompting them to engage in new strategic trading strategies. This has been particularly evident in the options markets, with notable activity on platforms like Deribit. Investors are positioning themselves for potential future growth by buying call options at key strike prices, anticipating that Bitcoin could reach $110,000 and $140,000, while Ethereum’s price is expected to soar past $2,400 mark.