Bitcoin

Bitcoin’s 19.5% Open Interest Drop Points to Healthier BTC Market

Bitcoin’s futures market saw a sharp leverage reset as BTC Open Interest fell 19.5%, outpacing the price decline. The pullback from $26.0 billion to $20.89 billion suggests traders reduced exposure, shifting attention toward spot demand. Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp leverage reset. Traders are now watching…

Bitcoin’s 19.5% Open Interest Drop Points to Healthier BTC MarketBitcoin’s futures market saw a sharp leverage reset as BTC Open Interest fell 19.5%, outpacing the price decline. The pullback from $26.0 billion to $20.89 billion suggests traders reduced exposure, shifting attention toward spot demand. Leverage Reset Shifts Focus to Spot Demand Bitcoin’s futures market has undergone a sharp leverage reset. Traders are now watching […]

Source: https://news.bitcoin.com/bitcoins-19-5-open-interest-drop-points-to-healthier-btc-market/