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coinpedia 2023-09-20 05:48:58

Bitcoin Hits 2-week High as Open Interest Reaches $12.1B!

The post Bitcoin Hits 2-week High as Open Interest Reaches $12.1B! appeared first on Coinpedia Fintech News Bitcoin’s open interest, an indicator of market sentiment, saw an impressive spike to $12.1 billion. This happened simultaneously with Bitcoin’s price surging by 3.4%, hitting its highest point in over two weeks at $27,430. This increase in open interest suggests that more investors are actively participating in the market, generating greater liquidity and volatility. This …

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