ChainCatcher news, according to The Block, Deribit CEO Luuk Strijers stated: "As the U.S. elections approach, we are observing heightened market expectations. Currently, there are about 3 billion dollars in open options contracts set to expire on November 8, with Bitcoin call options strike prices at 70,000 dollars, 75,000 dollars, and 80,000 dollars, indicating relatively strong bullish sentiment."