Bitcoin reaches all-time high of $94,078 as institutional interest grows

Bitcoin has reached a record high of $94,078, driven by increased interest from institutional investors. Major firms like BlackRock are launching options trading for Bitcoin, and Donald Trump's media company is exploring a deal with crypto trading firm Bakkt. The surge reflects a growing acceptance of Bitcoin as an institutional asset. Analysts note that these developments signal a shift towards mainstream adoption, despite a recent pullback below $92,000 after hitting $93,905. Overall market sentiment remains positive, with expectations of continued growth in institutional participation. The introduction of options trading for Bitcoin ETFs is seen as a significant step in this trend.