Coinbase analysts David Duong and David Han stated, "Despite the sluggish price trend of Bitcoin this week, market sentiment has remained largely unchanged, as evidenced by the stable perpetual contract funding rates and number of open contracts over the past week." Coinbase analysts pointed out that macro factors affecting cryptocurrency performance are shifting from monetary policy to the US election results, and despite recent increases in CPI and core PPI, market expectations for interest rate cuts remain generally stable. @ftionbbb