As the broader crypto market continues to settle, stablecoin use is becoming more widely adopted. This is happening simultaneously as the Administration reverses its position on global tariffs, and as 10-year Treasury yields trend lower to about 4.45%. Bitcoin options markets still point to growing confidence that this bull cycle is far from over. At the same time, institutional interest in getting to that $100K level is increasing. Among these are market participants waiting to hear from the White House, specifically about semiconductor tariffs, since they are a component of inflation reduction.
Market Optimism and Treasury Yields
With confidence running high, Nasdaq futures were up 1.5% as of early on Monday morning. Apple, Dell and Nvidia shares jumped sharply in premarket trading, fueled by the tariff news. With the recent moderation of 10-year Treasury yields, inflationary pressures have weighed less heavily on digital assets. This shift makes for a more favorable environment to invest in Bitcoin and other cryptocurrencies.
Gold has continued to hold well above its all-time highs above $3,200 per ounce, as safe-haven assets make a comeback. This points to a wider, perhaps early, recalibration of investor expectation as geopolitical trump cards play out and as the crypto sector, on the whole, stabilizes. Bitcoin’s recovery is a confirmation of this change, indicating a resurgence of faith in its potential to gain even more ground.
Bitcoin Options and Institutional Interest
Both the 30 and 90-day skews in Bitcoin options markets have now flipped back to positive territory. That shift is illustrative of a 180-degree turn in terms of market fear. This change marks continued investor confidence in Bitcoin’s upward course. Bitcoin $100k call option still leads as the most popular open interest position on Deribit. Its cumulative notional open interest has almost exceeded $1.2 billion reflecting strong institutional interest at this price target.
Technical Outlook and Potential Targets
If Bitcoin is successful in securing its place above the current content of $85,000, traders will look to start targeting the $88,000–$90,000 resistance band. A drive to retest that all-time high of $91,000, set in the spring, seems more likely by the week too. The present market conditions are highly conducive to Bitcoin’s ascendance. Tariff relief and more stable Treasury yields are contributing to this positive environment.
