Bitcoin (BTC) briefly touched a new all-time high of above $94,000 on Tuesday, driven by Wall Street’s introduction of options trading on spot Bitcoin ETFs—a move expected to boost institutional adoption. However, BTC has since retraced, trading below $92,000 as the market takes a breather.
Meanwhile, MicroStrategy’s Michael Saylor revealed plans to pitch Microsoft on adding Bitcoin to its treasury, arguing it would enhance the company’s stability and reduce risk.
In the altcoin market, a brief meme coin rally was overshadowed by corrections following BTC’s pullback from its peak.
