Over $2.8 billion bet on bitcoin topping $90,000 as it hits all-time high

Bitcoin surged to a new all-time high near $81,000 with futures premiums spiking, indicating investors are optimistic about further gains following U.S. elections. Open interest in bitcoin surpassing $90,000 rose to over $2.8 billion on Deribit, showing a strong bullish bias in the options market. CME futures premiums for bitcoin and ether soared to 14%, signaling growing interest from risk-takers positioning for more upside in the cryptocurrency market.

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