Bitcoin’s price jumped to a fresh 11-month high on Friday, with the options market betting on a sustained bull move. • The top cryptocurrency by market cap rose to a high of $11,467 during the U.S. trading hours, surpassing the previous multi-high month high of $11,394 reached on Monday. • Bitcoin has rallied 24% in July and looks overbought as per the 14-day Relative Strength Index, a widely tracked technical indicator. • Options market data shows sentiment is quite bullish. Options are derivative contracts that give the purchases the right but not the obligation to buy or sell the underlying asset at a ... (full story)