🚀 Bitcoin is making a scene again! Following Donald Trump's victory in the US election, BTC has soared past its March ATH of $73,737 and is now at $87,100. But, there's something strange, why aren't investors rushing to take profits?
- According to Bitfinex's report, profit-taking this time is lower than usual. But don't worry, the strong new demand keeps the market healthy and stable.
- Bitcoin ETFs in the US are also on the rise, with inflows reaching $2.28 billion in the three days after the election. BlackRock's IBIT alone recorded $1.1 billion on November 7!
- Open interest for Bitcoin futures also reached an ATH of $45.43 billion. This is a sign of high speculation, but it doesn't mean it's bearish!
What do you think about this trend? Let's discuss in the comments column!