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Record $39.4B Bitcoin open interest suggests imminent price breakout – Cointelegraph

Bitcoin futures open interest has hit an all-time high, suggesting growing investor demand for the world’s largest cryptocurrency. Is a price surge imminent? Bitcoin (BTC) open interest, a metric that monitors the total number of open positions in the underlying asset, reached a record high of $39.46 billion across exchanges. The current figure surpasses the […]