Bets grow on BTC rising to $72K by end of July

Expectations are growing in the Bitcoin options market for a rally to $72,000 by the end of the month, CoinDesk reported. On Deribit, there has been a notable increase in trading volume and open interest for call options with strike prices of $70,000 and $72,000 set to expire at the end of July. This suggests an influx of bullish strategies betting on BTC reaching the $72,000 level by the month's end.