Greeks.live: Last weekend, cryptocurrency options traded $550 million in volume, spending $4.4 million in premiums

Odaily News Greeks.live macro researcher Adam YuX published an analysis of the options market last weekend: Last weekend, the cryptocurrency options market traded $550 million, with a premium of $4.4 million, which was relatively active on the weekend. The market rose moderately, and the market sentiment was very optimistic. Currently, the prices of BTC and ETH are fluctuating near the recent highs, and more and more traders believe that a breakthrough is imminent. There are still two weeks before the election, and Trump's chances of winning are getting higher and higher, which has brought good expectations to the market. After all, Trump's strong supporter Elon Musk is very friendly to cryptocurrencies, and the market is now pricing in Trump's victory.