Express

Open Interest In Bitcoin Futures Set A One-Month High With $13.1B

Mary Liu

Summary: According to the data from Skew, the total dollar value of Bitcoin futures open positions has climbed to $13.1 billion, the highest level since May 19th.  Open positions are often regarded as a measure of market activity. A report from Arcane Research stated that the crypto market is rebounding.  However, this amount is still less ...

According to the data from Skew, the total dollar value of Bitcoin futures open positions has climbed to $13.1 billion, the highest level since May 19th. 

Open positions are often regarded as a measure of market activity. A report from Arcane Research stated that the crypto market is rebounding. 

However, this amount is still less than half of the peak of $27.4 billion reached in mid-April, when the price of Bitcoin hit an all-time high of nearly $65K.

By Mary Liu

Last Update:

Tags: ,
Link: Open Interest In Bitcoin Futures Set A One-Month High With $13.1B   [Copy]
Next:

Related Articles

  • Autonomous Worlds: The Ultimate Goal of Blockchain? 9 hours ago
  • Have Cosmos and Polkadot Been Replaced? The Future of ATOM and DOT 3 days ago
  • Polygon AggLayer: Uniting Modular and Monolithic Blockchain Architectures 4 days ago
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 14 days ago
  • Is the Crypto Bull Market Over? 15 days ago

    • You need to login to comment.