Bitcoin has climbed back toward the $110,000 mark, but Open Interest data could raise questions about the sustainability of the rally. Bitcoin Has Seen A Reignition Of Bullish Momentum Since falling into the low $105,000 levels on Tuesday, Bitcoin has seen some fresh momentum that has so far culminated in it reclaiming the $109,000 level…
Data shows the Bitcoin Open Interest has registered a sharp increase as the cryptocurrency’s price has recovered beyond $87,500. Bitcoin Open Interest Is Up More Than $2 Billion As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the Open Interest has shot up for Bitcoin during the past day. The…
Data shows the Bitcoin Open Interest has been heading up again recently, a sign that volatility could be coming for the asset’s price. Bitcoin Binance Open Interest Has Registered A Notable Increase Recently As explained by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest on Binance has risen to $28.3 billion recently….