Solana’s SOL led gains in leading digital assets in the past 24 hours as risk-on sentiment pushed the market higher. PLUS: The impending U.S. election contributes to increased volatility, with some expecting more gains for bitcoin in the days ahead.
- Bitcoin's price rose by 1.5% in 24 hours, with significant increases in futures open interest, indicating continued money flow into the market.
- The crypto market saw broad gains with Solana (SOL) and other major cryptocurrencies rising, fueled by speculative trading and thematic investments like AI-themed memecoins.
- Crypto traders are betting on a favorable outcome in the U.S. elections for cryptocurrency, with expectations of regulatory reforms if Donald Trump wins.
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