BITCOIN FUTURES
Bitcoin futures open interest has surged significantly as BTC approaches its all-time high, indicating growing investor confidence and increasing market activity. Open interest refers to the total number of outstanding derivative contracts, such as futures, that have not been settled. A rise in this metric typically signals new money flowing into the market and often precedes strong price movements. As Bitcoin inches closer to its record levels, this uptick suggests traders are positioning for further gains. Meanwhile, altcoins like Dogecoin (DOGE), Cardano (ADA), and Ripple (XRP) have each posted around a 4% increase, reflecting a broader optimism across the crypto market. This trend underscores renewed bullish sentiment, potentially fueled by macroeconomic factors and increased institutional interest in digital assets.
