Open interest in derivatives across exchanges has set a new all-time high alongside BTC’s price, underscoring the strong enthusiasm and solid prospects for the leading digital asset.
Still, the situation remains delicate, and investors are proceeding cautiously amid considerable economic and geopolitical uncertainty.
Any armed conflict involving the United States—or even negative talk about tariffs—tends to spark a pull-back and dampen market interest.
In the near term, we’re highly sensitive to the July 9 EU-tariff decision; everything looks fine so far, but with Trump you have to be ready for anything.
On the economic side, watch the U.S. national debt trajectory, upcoming corporate earnings, and potential surprises from the Federal Reserve. Each of these factors could heavily sway markets, including crypto.
Written by Onchain School
