Investor sentiment in crypto derivatives markets has shifted following the US presidential election. According to a report by Bybit and Block Scholes, open interest in perpetual and futures contracts has increased, while short-term volatility has decreased. 📈

This suggests that traders are expecting a more stable environment and that appetite for leveraged long positions has increased as BTC reaches new highs.

The increase in perpetual swap open interest indicates that positions are being re-entered following the election results. This suggests that market participants are actively taking positions in response to the increased clarity on the election results. 🚀