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Election Tension Sparks Outflows in Bitcoin ETFs as Dogecoin Rallies

  • US Spot ETFs experienced a significant US$541 million outflow, indicating market uncertainty.
  • Altcoins and memecoins like Dogecoin surged due to potential regulatory changes.
  • Dogecoin's open interest is approaching record highs, influenced by election developments and celebrity comments.
  • Bitcoin, Ethereum, and Solana gained amidst the US election progress.

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