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The open interest in Bitcoin futures reached an all-time high, with figures reported at $38B. This surge in open interest indicates a significant increase in trading activity around Bitcoin. Additionally, Bitcoin Cash futures perpetual contracts also hit a record high with open interest valued at $708.75M. The rise in Bitcoin futures open interest comes as the price of Bitcoin increased by 10% over the week.
Bitcoin futures open interest surged to over $38 billion today, as BTC price increased 10% over the week https://t.co/j0rzOLrFqi
#Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack https://t.co/rjkaP32gbx
BITCOIN FUTURES OPEN INTEREST SURGES TO RECORD $38 BILLION - Open interest for $BTC futures hits an all-time high of $38 billion, signaling increased trading activity around the cryptocurrency. - Daily open interest in bitcoin futures has more than doubled since the beginning… https://t.co/zxhcFT8Vtj https://t.co/7L9saNzfqb
