#BitcoinFuture #ETH🔥🔥🔥🔥🔥🔥
Bitcoin Futures Open Interest Surge Shows Investor Confidence on Trade Deals, Powell
Bitcoin, Ether Rally as Investor Optimism Grows on Trade Hopes and Fed Stability
Bitcoin (BTC) and Ethereum (ETH) saw strong price gains on Tuesday, driven by renewed optimism over a U.S.-China trade deal and reassurances from President Trump about Federal Reserve stability. BTC surged 6.79% to nearly $94,000, while ETH jumped 11% to $1,175 — both posting their best single-day performances in weeks.
The rally was backed by a sharp rise in open interest in perpetual futures — up 10% for BTC ($17.83B) and 16% for ETH ($6.6B) — signaling growing investor confidence. Most of the new positions were long, especially on exchanges like Binance, Bybit, OKX, and Deribit.
Moderately positive funding rates (5–10% annualized) indicate traders are willing to pay to hold bullish positions, confirming a strong market sentiment. The move was likely accelerated by a short squeeze, as funding rates flipped from negative to positive within 24 hours.
Overall, the surge in prices, open interest, and funding rates points to sustained bullish momentum for BTC and ETH.