U.S. President Donald Trump’s meme cryptocurrency saw a significant rise in value this Wednesday. The spike came after the announcement that the top 220 holders of the coin, currently priced at $14.02, reflecting a 48.11% increase, would be invited to a black-tie dinner with the president in Washington, DC.
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Bitcoin's (BTC) recent stability amid Nasdaq turmoil driven by tariffs has generated excitement among market participants regarding the cryptocurrency's potential as a haven asset.
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Options are derivative contracts that give the purchaser the right but not the obligation to purchase or sell the underlying asset at a predetermined price at a later date. A call option gives the right to buy, and a put option gives the right to sell.
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