Why Bitcoin’s Soaring Open Interest Is a Big Deal for Crypto

Bitcoin’s open interest has reached an all-time high of $18.752 billion. This increase signals strong engagement and heightened trading activity across Bitcoin markets, suggesting a bullish outlook for the cryptocurrency’s near future. As investors and traders monitor these developments, the rising open interest could foreshadow more significant price movements and increased volatility.... source: https://coinedition.com/why-bitcoins-soaring-open-interest-is-a-big-deal-for-crypto/