News 
March 24, 2025 
5 min. 
HIGHLIGHTS
- Bitcoin Breaks Above $85K – After three days of sideways movement, BTC jumps 1.85% as selling pressure eases and buyers step in.
- Options Trading Spikes 24% – Institutional investors ramp up BTC bets, pushing total options volume past $793 million.
- $90K Resistance Remains a Hurdle – A bearish death cross signal suggests Bitcoin may struggle to break this key level despite its upward momentum
Bitcoin Surges to $86,000 Amid Improved Market Sentiment
On Sunday, March 23, Bitcoin surged 2.6%, surpassing $86,000 after consolidating near $84,000 for three days. As market sentiment improved following the Federal Reserve’s decision to hold interest rates steady, speculative traders increased their leveraged positions over the weekend.
The big question now is whether BTC will break past $90,000 or retrace to $80,000 in the coming days.
Bitcoin Rebounds to $85,500 After Three Days of Sideways Trading
After an extended period of consolidation, Bitcoin (BTC) rebounded strongly on Sunday. Following Trump’s speech at Blockworks’ Digital Asset Summit, many short-term investors sold their BTC holdings to secure profits.
Despite the brief pullback, Bitcoin remains in demand. The Federal Reserve’s rate pause on Wednesday encouraged macro-focused investors to shift capital toward high-risk assets. This decision provided bullish support, helping to offset selling pressure from profit-taking, resulting in a three-day standoff around the $84,000 mark.
As selling pressure eased, BTC saw a breakout above $86,000 on Sunday, March 23, reaching a daily peak of $85,600.
BTC Options Volume Nears $800M as Whales Reenter Post-Fed Rate Pause
Bitcoin has shown resilience, holding steady near $84,000 for three consecutive days as institutional investors sensitive to macroeconomic trends reassess their outlook on U.S. economic policies.
Earlier this month, inflation concerns grew due to the Trump administration’s proposed tariffs, prompting a cautious pullback from riskier assets like Bitcoin. However, with recent CPI and PPI data indicating slowing inflation and the Federal Reserve maintaining its rate pause, major investors appear to be returning to the market.
This shift in sentiment is evident across the financial landscape. The S&P 500 climbed 32 points following the Fed’s decision, signaling a renewed appetite for risk. Similarly, Bitcoin has experienced a rise in speculative trading activity, fueled by increased interest from institutional investors.
Supporting this trend, Coinglass derivatives data reveals a 115% surge in BTC options trading volume over the past 24 hours, pushing the total beyond $793 million.
Bitcoin Options Trading Jumps 24% – Is a Big Price Move Coming?
Options trading allows investors to speculate on an asset’s future price movement without owning it. This strategy is particularly popular among institutional investors and whales, as it enables them to manage sizable positions with minimal capital, potentially maximizing returns in volatile market conditions.
With BTC options trading volume spiking 24% in the past day, institutional investors and whales are positioning themselves bullishly on Bitcoin’s short-term price trajectory.
What’s Driving the Surge in BTC Options Trading Volume?
The growing interest in Bitcoin options trading is linked to several key macroeconomic factors:
- Fed Rate Pause Facilitates Risk-Taking – The Federal Reserve’s decision to halt rate hikes has boosted liquidity-sensitive assets like Bitcoin.
- S&P 500 Rally Signals Broader Market Confidence – The index’s recent gains indicate renewed confidence in traditional markets, leading to greater exposure to Bitcoin.
Altcoin Market Rotation – As Bitcoin stabilizes above $85,000, traders are leveraging options to capitalize on expected price swings and short-term profit opportunities.
