#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww
Analysis: Traders are reevaluating the BTC bullish expectations, with $100,000 bullish call options being the most popular on Deribit.
On March 11th, PANews reported that the recent downturn in the Cryptocurrency market has caused the once popular $120,000 BTCOptions bet to lose its crown, replaced by $100,000 bullishOptions, indicating that traders are reevaluating their bullish expectations. As of the time of writing, the $100,000 bullishOptions is the most popular BTCOptions contract on the exchange, with a nominal open interest of $1.55 billion. Nominal open interest represents the USD value corresponding to the number of active Options contracts at a specific point in time. Meanwhile, the previously leading $120,000 bullishOptions, which had held the top position until last month, is now ranked second with a nominal open interest of $1.33 billion.