Bitcoin breaks above $81,000 as options markets prepare for a potential price breakout amid geopolitical tensions.

Bitcoin surged past $81,000, its highest since January, driven by options market strategies betting on a gradual price rise despite ongoing U.S.-Iran tensions and steady central bank policies. While other major cryptocurrencies showed mixed performance, Bitcoin's options desks have positioned for a breakout, with risk-reversal indicators expected to turn positive if the price decisively stays above $80,000. Upcoming U.S. earnings and jobs data could further influence Bitcoin's volatility in the near term.