Bitcoin Price Analysis: Increased Futures Activity and Open Interest ...

Oct 14, 2024 · Bitcoin’s recent price movement reflects increased activity in the futures market, with data from Coinglass revealing that CME leads the charge with 15,663 BTC in open …

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Analysis: Bitcoin Open Interest And Price Movements In October …

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Oct 16, 2024 · This increase in market activity comes as Bitcoin’s price recently touched $66,000 before retracing, sparking discussions about potential future price movements. According to …

blockonomi.com

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Bitcoin Open Interest Hits An ATH Of $55.7b: Here's What To Expect

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Nov 14, 2024 · Bitcoin’s open interest in futures markets recently reached an all-time high amid the latest market upsurge that has seen the asset claim new price peaks. The Bitcoin OI has …

crypto.news

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Bitcoin (BTC) Open Interest At 27-Month High, Implication For Price

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Feb 19, 2024 · With the year less than two months gone, open interest in Bitcoin futures has seen up to a 30% growth. This development aligns with a rise in Bitcoin price to $52,106.42, …

coingape.com

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Bitcoin Open Interest Blows Past $40 Billion, Price Closing In On …

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Oct 24, 2024 · Open Interest, which tracks the total value of all active futures contracts, is a crucial sign of increased leverage and market buzz. Bitcoin's price was nearing the $70,000 …

yahoo.com

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Bitcoin Futures Open Interest Tops $21B, Highest Since ... - Coinglass

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Feb 13, 2024 · The open interest tally has increased 22% this year, nearing the record $24 billion seen in mid-November 2021 when bitcoin traded above $65,000. The renewed interest in …

coinglass.com

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Bitcoin Price Rejects At $53K As Futures Open Interest

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Feb 20, 2024 · BTC futures open interest on all exchanges. Source: Coinglass Bitcoin futures OI increased by more than 30% in 2023, aligning with Bitcoin’s 23% year-to-date rally to $53,000, …

cointelegraph.com

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Bitcoin Futures Open Interest Reaches A 16-month High

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On May 29, the aggregate Bitcoin futures open interest reached 516k BTC, the highest since January 2023 and a 6% increase over the past week. Aggregate Bitcoin futures open interest, …

cointelegraph.com

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Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs …

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Oct 29, 2024 · Bitcoin {{BTC}}-tracked futures set a record high open interest (OI) in U.S. dollar terms early Tuesday as the asset broke past $71,000 for the first time since June, data …

tradingview.com

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Bitcoin $90K Level Under Review: Here's What Analyst Suggests

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19 hours ago · This level of activity indicates that Bitcoin still retains strong market interest despite recent price declines. Percival also pointed to a potential risk in the gap between the STH …

newsbtc.com

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Bitcoin Futures Open Interest Hits All-time High; Here’s ... - Finbold

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Oct 21, 2024 · With Bitcoin hovering below $70,000, the record-breaking futures open interest may offer clues about its next price movement.As it stands, Bitcoin’s futures open interest hit …

finbold.com

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Bitcoin’s $90K Level Under Review: Here’s What Analyst Suggests

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19 hours ago · Percival’s analysis highlights Bitcoin’s seasonal behavior, which has consistently influenced its price patterns in recent years. ... This level of activity indicates that Bitcoin still …

tradingview.com

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Bitcoin’s Bounce Potential Amidst Bearish Signals | Kitco News

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4 days ago · Furthermore, Bitcoin’s price appears to be bouncing off a TBO Support zone, which aligns with a broader outlook for short-term strength. The Critical $91K Support Level . …

kitco.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Bitcoin Risks Consolidation As Treasury Yields Surge And Economic ...

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1 day ago · Bitcoin briefly lost the $90,000 level to hit $88,900 on Jan. 13 after falling nearly 7% amid the macroeconomic uncertainty gripping the markets, according to Bitfinex’s latest Alpha …

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FAQs about Bitcoin Price Analysis: Increased Futures Activity and Open Interest ... Coupon?

What is open interest in Bitcoin?

The surge in open interest coincided with Bitcoin’s price approaching the $70,000 mark. Open interest refers to the total value or number of outstanding futures contracts that have not yet expired. It serves as a key indicator of market activity and investor engagement in Bitcoin derivatives. ...

What's influencing bitcoin's performance?

A key area of interest is the Bitcoin derivatives market. On May 29, the open interest in Bitcoin futures, reflecting the total number of leverage bets, hit a 16-month high, signaling an increased appetite for leveraged positions in BTC. Shifts in macroeconomic trends have also influenced Bitcoin's performance. ...

How much is open interest in bitcoin futures?

Based on data from CoinGlass, BTC futures precisely showed an aggregated open interest of $22.9 billion on Monday. The figure is quite close to the peak of about $24 billion that was previously recorded. With the year less than two months gone, open interest in Bitcoin futures has seen up to a 30% growth. ...

Why is the bitcoin price volatile today?

Let’s take a look at the primary reasons why the Bitcoin price is volatile today. Bitcoin futures open interest (OI) has hit a new yearly high, reaching levels last seen in Number 2021. This indicates increased trading activity around the largest cryptocurrency by market capitalization. ...

Which Exchange holds the most bitcoin futures open interest?

Data shows that the Chicago Mercantile Exchange (CME) holds the largest share of Bitcoin futures open interest, accounting for 30.7%. This is followed by Binance, with 20.4%, and Bybit, with 15%. The surge in open interest coincided with Bitcoin’s price approaching the $70,000 mark. ...

What is open interest (Oi) in Bitcoin?

Open interest refers to the total value or number of outstanding futures contracts that have not yet expired. It serves as a key indicator of market activity and investor engagement in Bitcoin derivatives. A rise in OI can signal increased leverage in the system, potentially leading to greater market volatility. ...