Crypto Daybook Americas: Bitcoin Market Cap Tops $2.2T as Derivatives, Sentiment Signal More Upside

Bitcoin's market capitalization has soared to $2.2 trillion, making it the world's fifth-largest asset, surpassing Amazon and Google. The cryptocurrency's price is holding steady around $110,000 due to strong buying activities among investors as market sentiment turns bullish. Significant call options are being placed for even higher price targets, indicating increased trader optimism. Meanwhile, institutional interest remains strong, highlighted by major inflows into BlackRock's iShares Bitcoin Trust. As Bitcoin diverges from traditional equities, investors are eyeing potential macroeconomic impacts, particularly from upcoming statements by Federal Reserve officials. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk