Bitcoin Open Interest Sets Another Record: Wild Week Ahead?

Quick Summary:

Data shows the Bitcoin Open Interest has reached yet another all-time high (ATH), a sign that more volatility could be coming for BTC.

Bitcoin Open Interest Has Reached A Fresh High Recently As pointed out by CryptoQuant community analyst Maartunn in a new post on X, the BTC Open Interest has shot up recently.

When the value of this indicator goes up, it means the derivatives users are opening up fresh positions on the market.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: Btc Bitcoin News BTCUSDT Bitcoin Volatility Bitcoin Record Bitcoin Bitcoin open interest

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 02:30:11 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 437 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23685438

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About Bitcoinist

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Official Website: bitcoinist.com

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News Last Updated: 11 hours ago

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