Bitcoin Open Interest Reaches Record High Amid Price Surge

According to U.Today, Bitcoin's open interest has reached an unprecedented $70 billion, marking a new peak in derivatives activity. This surge in open interest suggests heightened market activity, with traders preparing for significant price movements. The increase in open interest is reflected in Bitcoin's rise to $98,000, as futures traders place bets on both upward and downward price... source: https://www.binance.com/en/square/post/16684159738042?utm_source=BinanceNewsRSS