Bitcoin Price Climbs Above $85,000 As Open Interest Surges 16% In Past Day

The Bitcoin price action this weekend has been quite bubbly and impressive, with the premier cryptocurrency reclaiming the $85,000 level on Saturday, April 12. This burst of bullish momentum came after United States President Donald Trump’s exemption of smartphones, computers, and chips from the new trade tariffs. According to the latest on-chain data, the Bitcoin open interest (OI) has also enjoyed a similar level of resurgence in the past day. The Bitcoin price could be gearing up for an extended upward run, especially with the open interest metric on the rise source: https://www.newsbtc.com/news/bitcoin/bitcoin-price-climbs-85000-as-open-interest-surges/