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Bitcoin hits highest since June as bullish options surge in Coinbase and crypto ETFs

Market News
21 Jul 2026
CNBC
View Source
Bullish
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Bitcoin reached its highest price since mid-June, sparking renewed optimism among crypto investors. This momentum is reflected in strong bullish options activity in Coinbase shares, the iShares Bitcoin Trust ETF (IBIT), and Michael Saylor's Strategy company. Coinbase stock rallied about 11%, with a significant increase in call options trading, indicating traders expect further gains. Similar bullish sentiment was seen in Robinhood and bitcoin-related ETFs, suggesting growing confidence in a crypto market recovery.

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