Anybody Can Now Bet on Bitcoin $100,000 With New Call Options
- LedgerX says its institional clients have asked for the option
- ‘Dozens and dozens’ of users say Bitcoin could hit that value
This article is for subscribers only.
The most bullish of Bitcoin backers can now bet on the largest cryptocurrency soaring to $100,000.
U.S.-regulated derivatives exchange LedgerX unveiled a call option that pays off if Bitcoin surpasses that price by December 2020. Such a move implies a 10-fold increase in the digital token from Tuesday’s price and would take Bitcoin’s market cap toward $2 trillion.