Bitcoin Futures Open Interest Soars After Trump’s Election Victory
Bitcoin futures open interest has jumped significantly, rising from 39 billion dollars to 60.9 billion dollars. This increase follows Donald Trump’s presidential election victory, signaling strong investor interest. Alongside this, Ethereum has also shown promising performance with a 5% daily surge. Traders are excited about the potential implications of these developments. The rise in open interest suggests greater speculation and interest in Bitcoin futures. Coinciding with Ethereum’s surge, the market might be on the brink of further changes. Stakeholders are keenly observing these trends as they could influence future strategies in the crypto landscape.
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