Investor caution heats up, Bitcoin contract open interest drops by $2 billion ahead of U.S. election
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Odaily Planet Daily Report: As the November 5th US election approaches, Bitcoin investors seem to be taking a cautious stance. The latest data from Coinalyze shows that after weeks of increasing attention on leveraged trading, the open interest in Bitcoin futures has seen a significant decline, decreasing by about $2 billion in the past few days. Coinglass' data confirms this, noting that "some longs and shorts have chosen to close their positions ahead of the US election." (CryptoSlate)
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