Greeks.live: Bitcoin Hits All-Time High on Trump's Reelection and Rate Cut Boost, Cryptocurrency Market Sentiment Soars

BlockBeats News, November 10th, Greek.live researcher Adam posted on social media, stating that the U.S. election ended with a Trump victory, and Bitcoin simultaneously broke through to a new all-time high. This also led to a sharp rise in several mainstream coins, with the market sentiment currently very optimistic. The crypto market is now independent of other markets, often reflecting important fundamental turning points first. Last Friday's rate decision meeting decided to cut rates by 25 basis points, with the fundamental support of the rate-cut cycle underpinning the investment market. The current period's at-the-money implied volatility (IV) has dropped to below 60%, indicating strong selling pressure facing the major rally.

The U.S. election ended with a Trump victory, and last Friday's rate decision meeting decided to cut rates by 25 basis points. The crypto market had a strong reaction, with Bitcoin breaking through to a new all-time high. Funding rates and futures spreads both showed strong bullish signs. In terms of options, the current period's at-the-money implied volatility (IV) has decreased to 80%, showing strong selling pressure in the face of the major rally. Currently, Bitcoin's short-term term structure skew has significantly increased, while the medium to long-term skew has slightly decreased. The options market still needs to observe the movements of whales.

Regarding the crypto interest rate market, Bitfinex's rate market has recently been relatively stable, occasionally seeing 20% high-rate orders. It is advisable to actively execute suitable rate orders, especially during market movements.