Bitcoin hits $70,000, options bets eye $100,000

On Friday, the price of Bitcoin exceeded the integer mark of $70,000 for the first time in history, rising for 7 consecutive weeks, with a cumulative increase of more than 70%. In the options market, open interest in Bitcoin call options with strike prices of $80,000 and $100,000 has each jumped around 12% in the past 24 hours, according to data compiled by Amberdata.