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2024-10-21 08:31:16
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coindesk.com on Nostr: Summary of Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris ...

Summary of Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears



The source article:
Bitcoin Nears $70K Amid Record Open Interest at $40B as Trump-Harris Election Nears


Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.

https://www.coindesk.com/markets/2024/10/21/bitcoin-nears-70k-amid-record-open-interest-at-40b-as-trump-harris-election-nears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's price rose by 1.5% in 24 hours, with significant increases in futures open interest, indicating continued money flow into the market. The crypto market saw broad gains with Solana (SOL) and other major cryptocurrencies rising, fueled by speculative trading and thematic investments like AI-themed memecoins.
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