Bitcoin’s reputation as a shield against economic and political turmoil is gaining traction, according to a new report by QCP Capital.
The trading firm highlighted a noticeable surge in bullish options activity last Friday, signaling rising investor confidence in further Bitcoin price gains.
Specifically, traders snapped up more than 500 contracts betting on Bitcoin hitting $104,000 by May 30 and over 800 contracts targeting $135,000 by late June. QCP analysts pointed out that this level of call option interest suggests expectations of continued upside.
Unlike previous speculative-driven rallies, QCP emphasized that the current Bitcoin uptrend appears rooted in solid macroeconomic concerns — particularly rising geopolitical tensions and mounting uncertainty around global monetary policies.
Bitcoin’s recovery has been impressive, recently climbing back above $95,000. The asset’s behavior has increasingly mirrored that of traditional safe-haven assets like gold, fueled by consistent inflows into Bitcoin ETFs.
The growing demand for bullish Bitcoin options also coincides with broader market instability, as investors react to trade tariffs, shifting central bank strategies, and election-year volatility by turning to decentralized assets.
Bitcoin’s network hashrate has fallen 3.5% since mid-June, marking the sharpest decline in computing power since July 2024.
Bitcoin has officially overtaken Alphabet (Google’s parent company) in global asset rankings, becoming the sixth most valuable asset in the world, according to the latest real-time market data.
Philippe Laffont, the billionaire behind Coatue Management, is beginning to question his stance on Bitcoin.
Personal finance author Robert Kiyosaki is urging investors to rethink their approach to money as digital assets reshape the economic landscape.