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The rise of Bitcoin futures to $26 billion has paved the way for market disruptions.
The value of Bitcoin futures has surpassed 26 billion US dollars as leverage increases. The rising volatility risks indicate a cautious optimism about the upcoming price movements of Bitcoin.
The social risk indicator for Bitcoin shows a decline in sentiment at the price point of 100,000 dollars.
For Bitcoin futures contracts, open interest has increased by more than 20% over the past 20 days, surpassing $26 billion, reflecting a rise in leverage in the market.
Strong market fluctuations become more likely when rising open interest interacts with price movements.
Market participants have expressed their caution regarding liquidity risks as the increasing leverage in the market remains.
Bitcoin futures have recorded a sharp increase in open interest over the past twenty days, according to Glassnode data, surpassing $26 billion. The market leverage shows steady growth, as futures positions have significantly increased alongside Bitcoin's price reaching $94,700. Price volatility, along with the rising open interest, is setting the stage for upcoming market fluctuations, according to current market dynamics.