Traders Piling Into Bullish Bitcoin Bets for 2024 US Election, According to Analytics Firm Kaiko

New data from crypto analytics firm Kaiko reveals that traders are flocking toward bullish Bitcoin (BTC) bets for the upcoming presidential election. In a new paper, the Kaiko team finds that derivatives traders are placing tens of millions of dollars worth of bullish BTC bets on crypto options exchange Deribit’s new election contracts. “Options traders The post Traders Piling Into Bullish Bitcoin Bets for 2024 US Election, According to Analytics Firm Kaiko appeared first on The Daily Hodl .

Source: The Daily Hodl