News with the tag "Open Interest"

Lately, the Bitcoin market has been seeing some notable adjustments in its price and key metrics even as volatility continues to overshadow the broader crypto market. With positive developments emerging in the market, bullish momentum appears to be building as the price reclaims the $85,000 mark aga...

Data shows the Bitcoin futures market has seen a massive deleveraging event recently. Here’s what this reset could mean for BTC, based on past trends. Bitcoin Open Interest Has Gone Through A Crash Recently As pointed out by an analyst in a CryptoQuant Quicktake post, the BTC Open Interest has seen ...

Excitement is brewing in the crypto sphere as Bitcoin open interest shows a significant upward trend just days before the highly anticipated White House Crypto Summit. Is this a sign of big moves to come? Let’s dive into what this surge in Bitcoin open interest means and what implications it holds f...

Bitcoin’s price has shifted toward an upside direction, allowing it to reclaim the pivotal $90,000 mark after facing heightened bearish and selling pressure over the past few days driven by macroeconomic uncertainty. The flagship asset recently rose to the $94,000 threshold following US President Do...

Bitcoin has faced massive volatility and price swings as market uncertainty persists. After briefly holding above $90,000 and $85,000, BTC lost both levels, triggering a sharp decline before bulls stepped in. The selling pressure was met with a strong reaction, pushing Bitcoin to $95,000 following P...

Bitcoin (BTC) open interest (OI) has fallen to its lowest level since August, currently standing at 413,000 BTC ($36 billion), according to Glassnode data. OI represents the total funds allocated in outstanding futures contracts, effectively measuring the amount of leverage in the bitcoin system. Si...

Dogecoin is trading at key demand levels after two weeks of massive selling pressure, with bears pushing DOGE down more than 30%. The meme coin sector has been hit the hardest during this market-wide correction, which began in mid-January, and as the market leader, Dogecoin has suffered the most. Re...

Bitcoin has seen a recovery above $99,000 recently, but the trend taking place in the Open Interest could raise concerns about the surge’s longevity. Bitcoin Open Interest Has Spiked Alongside The Latest Rally In a new post on X, CryptoQuant community analyst Maartunn talked about the trend in the B...

Data shows the Dogecoin Open Interest has seen a large drop recently. Here’s how the trend has compared for Shiba Inu and other memecoins. Dogecoin Has Witnessed A Decline In Open Interest Recently In a new post on X, the analytics firm Glassnode has discussed about the latest trend in the Open Inte...

The recent performance of XRP has attracted substantial attention, as its open interest has increased to $4.3 billion. This surge has occurred in the context of a substantial price increase, with XRP reaching a one-week high of over $2.50. The resurgence indicates the potential for sustained momentu...