Bitcoin’s Open Interest Surges to $16 Billion as Price Nears All-Time High

As Bitcoin approaches its all-time high, open interest in the perpetual futures market has climbed back to $16 billion, according to Kaiko Data. This brings open interest back to levels seen in August, just before a major selloff. The influx of capital indicates increased market participation. Notably, the latest figure coincides with Bitcoin reclaiming the The post Bitcoin’s Open Interest Surges to $16 Billion as Price Nears All-Time High appeared first on Coin Edition .

Source: Coin Edition