PANews reported on October 11 that according to the latest report from Matrixport, Bitcoin traders have not yet adjusted their positions for Trump's victory. Despite low market volatility, Bitcoin options expiring on November 8 did not show extreme positions, indicating that investors remain cautious about the election results. However, options with strike prices of $65,000 and $70,000 show expectations for a possible rebound.
The volume of the Bitcoin options market remains between $42 billion and $71 billion in 2024. Traditional investment tools such as mining stocks have performed poorly since the halving in April 2024. MicroStrategy has become an alternative option for Bitcoin exposure, although its stock price is at a premium to Bitcoin. The report also pointed out that if Trump wins, Bitcoin may be boosted, but the Federal Reserve's tightening monetary policy may bring resistance.
