Fed Rate Cut Boosts Bitcoin Options, But Rally Capped

Federal Reserves interest rate cut sparks optimistic options bets, particularly for a $100,000 call option expiring on December 26th. Traders anticipate a limited, strategic bounce rather than a huge surge. Standard Chartered lowers Bitcoin forecast to $100,000, and a relief rally is capped at $99,000. Bitcoin trades around $89,500, down 2.4% in 24 hours, with bullish conviction deferred until early 2026.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.