Orbit Markets Co-founder: The psychological barrier of $100,000 for BTC is just around the corner, and the options market indicates that the expected price will rise rapidly

ChainCatcher news, according to Bloomberg, the co-founder of crypto derivatives liquidity provider Orbit Markets, Caroline Mauron, stated: "The significant psychological barrier of $100,000 is just around the corner." She added that the bets in the Bitcoin options market indicate "the market expects prices to rise rapidly."

The current optimism has dulled the memory of the market crash in 2022, which exposed fraud and other risky behaviors in the crypto space, leading to the collapse of platforms including Sam Bankman-Fried's FTX exchange, with him also ending up in prison.

This turmoil triggered a series of tough enforcement actions by the U.S. Securities and Exchange Commission (SEC), while the industry expects this crackdown to gradually fade under Trump's administration.