A new report from Coin Metrics highlights significant movements in the bitcoin options market following the recent U.S. election. This period has seen bitcoin reach unprecedented trading levels, with strong evidence of bullish investor sentiment.
The Coin Metrics report details a surge in interest in call options, suggesting that investors are heavily optimistic about future price increases in bitcoin. This aligns with the increased trading volumes seen in the post-election period.
Overall, the report showcases how recent political events have positively influenced investor attitudes towards bitcoin, cementing its reputation as a resilient and attractive asset amid global events.