Bitcoin (BTC)\u00a0briefly touched a new all-time high of above $94,000 on Tuesday, driven by Wall Street\u2019s introduction of options trading on spot Bitcoin ETFs\u2014a move expected to boost institutional adoption. However, BTC has since retraced, trading below $92,000 as the market takes a breather.<\/p>\n\n\n\n
Meanwhile, MicroStrategy\u2019s Michael Saylor revealed plans to pitch Microsoft on adding Bitcoin to its treasury, arguing it would enhance the company\u2019s stability and reduce risk.<\/p>\n\n\n\n
In the altcoin market, a brief meme coin rally was overshadowed by corrections following BTC\u2019s pullback from its peak.<\/p>\n\n\n\n
<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin (BTC)\u00a0briefly touched a new all-time high of above $94,000 on Tuesday, driven by Wall Street\u2019s introduction of options trading on spot Bitcoin ETFs\u2014a move expected to boost institutional adoption. However, BTC has since retraced, trading below $92,000 as the market takes a breather. Meanwhile, MicroStrategy\u2019s Michael Saylor revealed plans to pitch Microsoft on adding […]<\/p>\n","protected":false},"author":93,"featured_media":43003,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-43360","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43360","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=43360"}],"version-history":[{"count":4,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43360\/revisions"}],"predecessor-version":[{"id":43365,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/43360\/revisions\/43365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/43003"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=43360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=43360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=43360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}