Here Are Three Reasons Why Bitcoin Open Interest Set Record …

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 shows.

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Here Are Three Reasons Why Bitcoin Open Interest Set Record …

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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 shows.

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

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Oct 29, 2024 · Reasons why BTC OI has zoomed. Contracts offered on the Chicago Mercantile Exchange (CME) have seen a 9% surge in 24 hours, taking their open interest to 171,700 …

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Here Are 3 Reasons Why Bitcoin Open Interest Set Record

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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 shows. BTC …

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Here Are Three Reasons Why Bitcoin Open Interest Set Record …

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Oct 29, 2024 · Here Are Three Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K. Posted on October 29, 2024 by . U.S. listed spot ETF inflows continue to …

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Here Are Three Reasons Why Bitcoin Open Interest Set Record …

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Oct 29, 2024 · Here Are Three Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K. CoinDesk 10h ago. Quick Summary: U.S.listed spot ETF inflows …

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Open Interest In Bitcoin Hits A Record $31 Billion | StormGain

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Mar 6, 2024 · The previous record of $24.3 billion was set in April 2021. The funding rate has been at record levels for at least the last six months, suggesting a significant preponderance of …

stormgain.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 …

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Here Are 3 Reasons Why Bitcoin Open Interest Set Record

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Reasons why BTC OI has zoomed . Contracts offered on the Chicago Mercantile Exchange (CME) have seen a 9% surge in 24 hours, taking their open interest to 171,700 BTC, worth …

newsbreak.com

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Why Bitcoin Price Can Hit $75,000 After Open Interest Milestone

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Oct 15, 2024 · Although Bitcoin hasn’t yet set a new record, its Open Interest (OI) has reached a peak, signaling that interest in the leading cryptocurrency is at its highest level in a …

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

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Oct 29, 2024 · Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs as BTC Price Surge to $71K. Here Are 3 Reasons Why Bitcoin Open Interest Set Record Highs as BTC …

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Ask A Question Or Make A Comment - Sky News

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15 hours ago · Inflation has come in at 2.5% for December, slightly lower than forecasts - we run over what that means for you, mortgages and the economy here in the Money blog, as well as …

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FAQs about Here Are Three Reasons Why Bitcoin Open Interest Set Record … Coupon?

Why is bitcoin the number one spot in the cryptocurrency market?

As they maintain their number one spot in this market. In mid-October, bitcoin was trading around $67,000 and the OI on CME hit all-time highs in both notional open interest ($12.4 billion) which is the dollar value of the futures contracts and bitcoin denominated futures contracts (179,930 BTC), per Glassnode data. ...

Is open interest a warning sign for bitcoin traders?

Together, high funding rates, extreme price movements and rising open interest often act as a warning sign for traders, particularly those using leverage. Open interest in Bitcoin hit $31 billion on March 4, easily surpassing the $24.3 billion record set on April 14, 2021. ...

When did bitcoin open interest hit $31 billion?

Open interest in Bitcoin hit $31 billion on March 4, easily surpassing the $24.3 billion record set on April 14, 2021. Bitcoin’s price was sitting close to current levels at that time, opening at $63,524 — before falling some 23% to $49,078 by April 26, 2021. ...

What's happening with bitcoin futures & ETFs?

Bitcoin futures' open interest on a one-day basis saw the biggest jump in 24 hours since June, an increase of over 20,000 BTC. Since Oct. 16, U.S listed spot ETFs have seen $2.7 billion of net inflows. ...

Are bitcoin ETF inflows and CME open interest the same?

“We have a divergence between Bitcoin ETF Inflows and CME Open Interest. ETF Inflows are ticking meaningfully higher. CME Open Interest is up, but not as much. GBTC outflows are also minimal. We're seeing true directional ETF inflows, and less so cash and carry trades,” Checkmate wrote. ...

What does high open interest mean?

High open interest indicates that there is significant interest in a particular asset. When open interest increases along with rising prices, it suggests new money is coming into the market, indicating a strengthening trend - such as Tuesday’s. High open interest can lead to increased volatility, especially as contracts near expiration. ...