Bitcoin experiences a significant surge post-Trump election, with the futures market indicating further potential growth. Institutional interest is high, driving demand and optimism towards an $80,000 target by late November. Analysts predict strong ETF inflows and a supportive regulatory environment under Trump, but caution about possible price corrections.
CME Bitcoin futures open interest hits a record high of 172,430 BTC, indicating increased market activity, as reported by Vetle Lunde of K33 Research.
Analyst Vetle Lunde from K33 Research notes a decline in Bitcoin sellers as perpetual futures funding rates remain bearish for over a month.
Research reveals that crypto liquidation volumes from exchanges may be significantly underreported, according to K33 Research's Vetle Lunde.
The crypto market is facing unprecedented liquidation challenges, as highlighted by K33 Research's Vetle Lunde, due to significant changes in leading exchanges.
Analyst Vetle Lunde uncovers potential underreporting of crypto market liquidations by exchanges like Binance, Bybit, and OKX.
Vetle Lunde from K33 Research raises concerns about crypto exchanges like Binance, Bybit, and OKX manipulating liquidation data to distort market transparency and trader behavior.
Analysts suggest Ethereum may outperform Bitcoin due to the launch of spot Ether ETFs in the U.S., while Bitcoin could face selling pressure from debt repayments.
K33 Research analyst Vetle Lunde reports a significant increase in investments in spot Bitcoin ETFs, surpassing traditional gold ETF investments.
