Bitcoin futures open interest reaches new high at $38 billion | Bitcoin ™️ | BTC | News

Bitcoin futures open interest reaches new high at $38 billion

Open interest for bitcoin futures on centralized exchanges has reached a fresh high, indicating increased trading activity around the largest cryptocurrency by market capitalization. Since the start of 2024, daily open interest in bitcoin futures has increased by more than 100% from Jan 1, when it was approximately $17.2 billion. This rise coincides with bitcoin’s price surge to $70,000 — a 66% increase year-to-date.

Source

@BitcoinNews
@EthereumNews
@AltcoinNews
@TradingNews
@MetaverseNews
@StockNews