Bitcoin futures open interest rises sharply since Trump win

Bitcoin futures open interest has risen sharply since Trump's 5 November victory, with data showing that open interest in bitcoin futures has risen from $39bn on 5 November to $60.9bn currently, suggesting an increase in trading activity and market speculation.Analysts at Bitfinex said the increase in open interest appeared to be a natural progression, which is being driven by expectations of future price appreciation Driven by. Leveraged accumulation is a common tool used by traders, including institutions, to position themselves against expected price movements.