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OTC Trading Volumes Surge by 220% Driven by Election Impact

OTC trading volumes surged recently, driven by election outcomes. Kraken observed a remarkable 220% year-on-year increase, indicating a substantial revival in market activity following a period of stagnation.

Investors are increasingly moving towards diverse cryptocurrencies, with many starting their investments in Bitcoin before branching into Ethereum and Solana. This shift reflects a growing risk appetite among clients looking to capitalize on market trends.

Looking ahead, continued strong demand for Bitcoin and Ethereum is anticipated by 2025. The evolving derivatives market also suggests potential growth in OTC trading volumes as institutional interest expands.

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