In the last four hours, the open interest for Bitcoin futures contracts has increased by $2 billion, with a buying to selling ratio leaning towards the bullish trend at 52%, reflecting the growing bets on the continuation of price increases.
Meanwhile, Bitcoin options investors have increased their bets on a significant rise in the cryptocurrency's prices, as the historic upward wave continues for the second consecutive day, pushing the price above $118,000 for the first time in its history.
$BTC
$ETH