Bitcoin ”takes a breather” at 9.8 million yen...Options worth about 187.4 billion yen expire today

After Bitcoin rose by about 8% in three days, from the 80 million won (about 8.7 million yen) range to the 90 million won (about 9.8 million yen),
News 1 reported that the price has been in a short-term stable state. Bitcoin rose to the 90 million won (about 9.8 million yen) range on the 18th and is now in a stable state.
According to the website, as of 3:05 p.m. on that day, the price of Bitcoin was in the 92.4 million won (approximately 10.1 million yen) range, up 0.77% from the previous day.
Bitcoin rose by about 8% from the 14th to the 16th, surpassing the 90 million won (about 9.8 million yen) mark for the first time in 76 days.
The cryptocurrency price has exceeded 92 million won (approximately 1,010 yen). With the US presidential election in November approaching, the approval rating of Republican candidate Donald Trump, who has shown a friendly attitude towards the cryptocurrency industry, has soared.
This has affected the upward momentum of the cryptocurrency. According to PolyMarket criteria, Donald Trump’s chances of winning are now 62.3%, compared to Democratic presidential candidate Kamala Hari Su’s 37.5%.
In addition, BlackRock's Bitcoin Exchange Traded Fund (hereinafter referred to as ETF) saw a net purchase of $681 million (approximately 102.1 billion yen) over the past two days.
This has had an impact on the "Bitcoin boom." Blockchain analysis company Arcam said in relation to this, "The US Bitcoin spot ETF has increased by a total of $1.38 billion over the three days this week.
"This is the largest amount of Bitcoin purchased in the last four months," the report said.
Meanwhile, according to options exchange Deribit, today's Japanese time
Bitcoin options worth $1.25 billion will expire at 5 p.m.