Strong growth in futures contracts: Open positions in Bitcoin futures surged from 39,000,000 USD on election day to 60,900,000 USD on November 22, indicating increased trading and speculation.
Optimistic sentiment among investors: The rise in leverage suggests that investors are starting to price the market based on positive technical and regulatory developments.
More favorable environment for Bitcoin: Trump’s leadership is believed to have created a favorable context for Bitcoin, boosting market sentiment and increasing activity in open contracts.