A report from Coin Metrics reveals that post-election trading in Bitcoin (BTC) has reached unprecedented levels, with the options market indicating strong investor optimism. Bitcoin's price rose from $67,000 to nearly $90,000 within days after the election, driven by increased open interest in options markets. The spike in implied volatility leading up to the election reflects general market uncertainty, but this decreased once the results were confirmed, signaling a decrease in perceived risk. Options market data shows a significant interest in call options expiring in the next few months at higher strike prices, suggesting a bullish outlook for Bitcoin in the medium term. The report concludes that the election has had a twofold impact on Bitcoin markets: an immediate response to perceived regulatory clarity and a sustained bullish outlook as traders position for future price increases. However, it remains uncertain if this momentum will continue.



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