Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

The Bitcoin open interest is a good indicator of how investors are viewing the cryptocurrency and what bets they’re making. This is why the metric hitting a new all-time high is a big deal, carrying serious implications for the market. Once again, the Bitcoin open interest has set a new record and this could spell… Continue reading Bitcoin Open Interest Taps New $39.5 Billion ATH, What’s Next For Price?

Bitcoin Relative Open Interest Lowest Since Feb, Analyst Says “Hard To Be Bearish”

Data shows the Bitcoin Open Interest as a percentage of its market cap has been at lows recently, a sign the derivatives side has been healthy. Bitcoin Open Interest Is Now Less Than 2% Of The Market Cap As explained by analyst James Van Straten in a new post on X, the derivatives side of… Continue reading Bitcoin Relative Open Interest Lowest Since Feb, Analyst Says “Hard To Be Bearish”