Bitcoin futures contracts on Deribit for March, June, and September 2025 have all surged past the $100,000 mark, reflecting growing market confidence. The March 2025 contract recently traded at $101,992, a nearly 5% premium over the spot price of $97,200, while the June and September contracts were even higher at $104,948 and $107,690, respectively.
This upward movement in futures pricing suggests that investors expect Bitcoin’s price to exceed $100,000 consistently by 2025. Moreover, the open interest in the $100,000 call option on Deribit has reached a staggering $2.13 billion, underscoring market optimism. However, shorter-term futures contracts, such as those expiring in December 2024, remain priced below $100,000, indicating a cautious outlook in the near term.
These trends reflect broader expectations that Bitcoin’s value will continue its upward trajectory, with long-term investors betting on significant price growth, while short-term traders remain more cautious.