Bitcoin Open Interest reached $45.4 billion on Nov. 6 after Donald Trump won the US presidential election and Bitcoin tapped all-new highs.
Cryptocurrencies news
Bitcoin options and futures markets display moderate optimism after a new BTC all-time high, which could be indicative of new price highs.
An annual Web3 event will once again gather the blockchain community to encourage discussions and shape the future of the decentralized space.
Crypto markets cheered Donald Trump’s win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Almost $180 million in short positions in Bitcoin have been wiped as it hit a new all-time high, with an analyst saying it is “meaningful” that it is driven by spot demand.
One market analyst said there’s “no reversal in sight” for Ethereum’s value against Bitcoin.
Polymarket dominates with around $3.3 billion in betting volumes tied to the outcome of the US presidential race.
Solana gains alongside Bitcoin’s US election-related rally, and data hints that SOL price could hit $200.
The latest market analysis suggests that if Bitcoin’s MVRV ratio continues to increase, BTC price could be in the six-figure range by 2025.
As interest in Hamster Kombat declines, PAWS surges, outperforming the once-top Telegram Mini App.